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IRS says it has clawed back $1 billion from millionaire tax cheats
The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
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The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
The IRS said it "sincerely apologizes" to billionaire hedge fund manager Ken Griffin and thousands of other Americans whose tax data was leaked.
Scammers are asking businesses to fill out Form 9710 and include a fee to "correct the error," but this form doesn't exist.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
If you're one of the millions of taxpayers who delay their taxes, it's easy to get an extension to October 15.
Two groups of taxpayers are more likely to face an IRS audit than other Americans, and it's only high income earners.
The U.S. tax system is designed to be progressive, with rich people paying a larger share of their income to the IRS. Here's what to know.
The IRS cracking down on wealthy people who've skipped out on filing tax returns
After almost one month of tax filing, Americans are seeing bigger tax refunds, according to IRS data. Here's what to expect.
The IRS opened for filing on January 29. Here's what to expect with your tax refund, from how much you'll get to when you'll get it.
The Macomb County Veterans Services, Macomb Community Action, and the Accounting Aid Society will offer help through the IRS Volunteer Income Assistance (VITA) program.
The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.
Americans owe the IRS $688 billion in unpaid taxes, underscoring need for more audits, said IRS Commissioner.
A report from Democratic lawmakers alleges that tax-prep companies shared people's income and other sensitive data with big tech firms.
Research shows that Black Americans face audit rates that are up to five times higher than those of other racial groups.
After years of abject performance, the tax agency is finally making significant strides — no, really.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
It's easy to get more time to file before the April 18 deadline, but you'll still have to pay the IRS if you owe money.
Each year, millions of taxpayers don't file their taxes — putting them at risk of fines and other penalties from IRS.
Federal lawmakers are taking a hard look at putting the plunger into the problem.
The rally on Saturday will be held in downtown Grand Rapids at Van Andel Arena and will be open to the public.
On Tuesday, Judge Margaret Van Houten gave the jury until the end of Thursday to reach a unanimous decision.
Nicholas Mui of Grand Haven pleaded guilty on Monday to one count of conducting a criminal enterprise.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
Federal lawmakers are taking a hard look at putting the plunger into the problem.
The rally on Saturday will be held in downtown Grand Rapids at Van Andel Arena and will be open to the public.
On Tuesday, Judge Margaret Van Houten gave the jury until the end of Thursday to reach a unanimous decision.
Nicholas Mui of Grand Haven pleaded guilty on Monday to one count of conducting a criminal enterprise.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
The Biden administration is awarding $1.7 billion to 11 "shuttered or at-risk" facilities in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland and Virginia, to bolster electric vehicle production.
Throughout the next year, dozens of new zero-emission buses will be hitting the pavement in the city of Detroit, all thanks to a $30.8 million federal grant.
The company said the temporary layoffs will impact about 1,600 workers for the month of July.
American automakers are pushing back against a federal safety ruling that involves automatic emergency braking technology in new cars.
Dearborn Village Ford general sales manager Jay Sturtz says they're resorting to good old-fashioned pen and paper while they wait for CDK to come back online.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Shannen Doherty had been battling cancer since 2015.
Richard Simmons devoted his life to making people sweat with his "Sweatin' to the Oldies" workout videos.
Judge Mary Marlowe Sommer dismissed the case with prejudice based on the misconduct of police and prosecutors.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
A larger stock of smaller homes could mean more budget-friendly options for buyers.
Sen. Bob Menendez tried to shift the blame to his wife, Nadine Menendez, but was found guilty on all 16 felony counts for a scheme involving bribery and business favors.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Social Security is counting on its Login.gov service to shrink lengthy wait times for people who need to call the agency.
Rite Aid, which has already closed hundreds of stores, is shutting more locations in Michigan and Ohio.
Trinity Health's virtual nursing program uses teamwork and technology so bedside nurses can focus on what matters most: being there in person for patients.
Nationwide, the CDC says the COVID virus level in wastewater is now "high" for the first time since last winter.
A 39-year-old Michigan man has filed a lawsuit saying he lost his toes because he received delayed medical care while he was in custody.
Tahjana Lewis suffered burns to her chest, arms and legs, according to a recent lawsuit the Connecticut woman filed.
Joe "Jellybean" Bryant, a former Philadelphia 76ers and La Salle University basketball great and the father of the late, NBA legend Kobe Bryant, has died. He was 69.
The Detroit Lions will induct Hall of Fame wide receiver Calvin Johnson into the Pride of the Lions during the 2024 season.
Paris 2024 Summer Games organizers hope Olympic flame's glitzy arrival in the City of Light can help cast off shadow of low local enthusiasm.
Argentina won its second straight Copa America championship, overcoming Lionel Messi's second-half leg injury to beat Colombia 1-0 on Lautaro Martínez's 112th-minute goal.
Yohan Ramírez had two consecutive errors in the ninth inning, paving the way for the Detroit Tigers to beat the Los Angeles Dodgers 4-3 on Sunday for their second straight comeback win over the NL West leaders.
Gardner-White is a 112-year-old family-owned furniture retailer, and Stewart is the first female to serve as CEO of the company.
It's a focus on our physical well-being as we talk about the importance of oral health and its impact, particularly among children.
U.S. Energy Secretary Jennifer Granholm and U.S. Transportation Secretary Pete Buttigieg appear on CBS Detroit's Michigan Matters this Sunday.
The University of Michigan's Ross School of Business is celebrating its 100th anniversary this year.
The three top elected county leaders essentially run the Metro Detroit region.
Temperatures cool a bit with drying conditions headed our way.
Michigan is on the forefront of a national push to police plumbing, by passing a law that requires manufacturers of moistened wipes to place labels on their products warning "Do Not Flush."
Former President Donald Trump and his recently named running mate, Ohio Sen. JD Vance, will be coming to Michigan this weekend for their first rally together. It is also the first Trump rally since the assassination attempt in Pennsylvania last Saturday.
After an alternate juror was introduced Monday in the Samantha Woll murder trial, and the jury remained deadlocked Tuesday after four days of deliberation, former federal prosecutor Richard Convertino says he believes there will be a not-guilty decision made.
Republican strategist Jamie Roe and Democratic strategist Greg Bowen discuss Ohio Sen. JD Vance being named the Republican vice presidential nominee.