Detroit to become largest city in U.S. to accept cryptocurrency for taxes
City officials said payments will be made through a secure platform and managed by PayPal.
City officials said payments will be made through a secure platform and managed by PayPal.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
The IRS adjusts its tax brackets and other provisions each year for inflation. Here's what experts say to expect in 2025.
Former President Donald Trump has unveiled a flurry of proposed tax cuts aimed at seniors, homeowners, tipped workers and more.
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Both former President Donald Trump and Vice President Kamala Harris have pitched similar "no tax on tips" legislation.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
A Michigan Supreme Court ruling Monday could put thousands of dollars in the pockets of tens of thousands of people who lost their homes in foreclosure sales.
The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
Project 2025, a blueprint for the next Republican president, proposes major economic changes that could impact millions of Americans.
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
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.
People who are waiting until the last minute to file taxes have until 11:59 p.m. on April 15, unless they have been granted an extension.
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.
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
While it could come in handy to stop tax evaders, lawmakers are raising concerns over invasions of privacy and even spying.
President Joe Biden's proposed 2025 budget outlines a range of tax breaks geared to both individuals and families.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
The IRS cracking down on wealthy people who've skipped out on filing tax returns
The alerts provide information on emergency management programs focused on severe weather, active shooter incidents, missing and endangered people, and other incidents.
The city of Dearborn wants to help women entrepreneurs launch their own companies.
The Lions are off to their best start since 1934. As of Monday afternoon, BetMGM's Super Bowl 59 odds have Detroit at +310.
The utility company is investing $100 million in new substations in Northville Township, Pontiac and Shelby Township.
Some Arab Americans are expressing concern over Donald Trump's picks for key positions in his next administration.
The alerts provide information on emergency management programs focused on severe weather, active shooter incidents, missing and endangered people, and other incidents.
With the third anniversary of the Oxford High School shooting approaching, the parents of the victims are demanding a state-led independent investigation.
The city of Dearborn wants to help women entrepreneurs launch their own companies.
The Lions are off to their best start since 1934. As of Monday afternoon, BetMGM's Super Bowl 59 odds have Detroit at +310.
The utility company is investing $100 million in new substations in Northville Township, Pontiac and Shelby Township.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Ford Motor Co. will pay a penalty of up to $165 million to the U.S. government for moving too slowly on a recall and failing to give accurate recall information.
Earlier this week, the automaker announced that it was indefinitely laying off 1,100 union-backed workers at its Toledo South Assembly Plant.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Tickets go on sale Friday, November 22 at 10 a.m.
"America demanded it and now it's happening: Taco Bell's new Cheesy Chalupa Supreme. In other news, I'm hosting the Oscars," Conan O'Brien said.
Some Arab Americans are expressing concern over Donald Trump's picks for key positions in his next administration.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
NHTSA unveils two investigations into recalls that may not have worked, just days after announcing civil fine against Ford for moving too slowly.
With the third anniversary of the Oxford High School shooting approaching, the parents of the victims are demanding a state-led independent investigation.
Grimmway Farms, which made and packaged the organic carrots, issued the recall on Saturday after nearly 40 cases were recorded in 18 states.
In September, nurses submitted cards of interest to the National Labor Relations Board, which then approved the right to hold a formal vote
The FDA's Dr. Peter Marks says he hopes to keep his job under a second Trump term, and urges Robert F. Kennedy Jr. to "keep an open mind."
U.S. Consumer Product Safety Commission issues urgent safety alert after ninth recall of adult bed rails in three years.
The DOJ has notified the Michigan Department of Health and Human Services and the Michigan State Attorney General's Office of the investigation.
Overdose deaths have slowed 18% since a peak last year, the CDC estimates.
The Lions are off to their best start since 1934. As of Monday afternoon, BetMGM's Super Bowl 59 odds have Detroit at +310.
The Minnesota Frost take on the New York Sirens on Sunday, March 16 at 7:30 p.m. at Little Caesars Arena.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Cade Cunningham had 21 points, 10 assists and 10 rebounds to lead the Detroit Pistons over the Washington Wizards 124-104.
Dylan Larkin scored the only goal for the Detroit Red Wings in Saturday's 4-1 loss to the Los Angeles Kings.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Trump and Harris and their anointed representatives continue to make campaign stops in Detroit, Grand Rapids, Flint and other places in Michigan, a critical battleground state.
The city of Dearborn wants to help women entrepreneurs launch their own companies.
Detroit Lions linebacker Alex Anzalone broke his left forearm Sunday and is expected to miss six to eight weeks. Dr. Christopher Cooke, chief of sports medicine at the Detroit Medical Center, joined CBS News Detroit to discuss what treatment and rehab could look like for the football star.
Michigan Attorney General Dana Nessel is responding to the families of Oxford High School shooting victims calling for a state-led investigation.
Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion over the next year, obligations it was unlikely to be able to meet.
With the third anniversary of the Oxford High School shooting approaching, the parents of the victims are demanding a state-led independent investigation so that data can be collected and used to create solutions. On Monday, the families of the four students killed in the Nov. 30, 2021 shooting — Madisyn Baldwin, Hana St. Juliana, Tate Myre and Justin Shilling — called on Michigan lawmakers to mandate and fund an independent investigation into the events that led up to the shooting.