Some tax refunds can come with hidden fees, government report warns
Americans paid an estimated $842 million in fees to cover advance loan refunds or refund anticipation checks last year.
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Americans paid an estimated $842 million in fees to cover advance loan refunds or refund anticipation checks last year.
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 alerts, first sent out at about 9:24 p.m., say officers were on the scene of a parking lot between the North Campus Research Complex and the U of M Transportation Research Institute.
The duo will host their podcast at 8 p.m. on March 28 at the Fox Theatre.
Michigan Attorney General Dana Nessel has filed an emergency appeal seeking to reverse the parole granted to a man convicted of rape more than 30 years ago.
The owner of the Jazz Cannabis Club says the suspects could be the same people accused of committing a similar crime last month using sledgehammers.
On Wednesday, CBS News Detroit joined the Fugitive Apprehension Services Team in Wayne County for a ride-along to understand the team's day-to-day operations.
Lawmakers in Lansing are trying to redefine what it means to have suitable shelter for animals.
We're tracking snow and more bitterly cold air for Southeast Michigan this week.
The alerts, first sent out at about 9:24 p.m., say officers were on the scene of a parking lot between the North Campus Research Complex and the U of M Transportation Research Institute.
According to court documents, from July 2023 through June 2024, Mack Davis, 22, of Owosso, researched mass killers online and on social media sites and paid tribute to them.
The duo will host their podcast at 8 p.m. on March 28 at the Fox Theatre.
Organizers announced earlier this year that the show was returning to its traditional January slot after taking place in the fall in recent years.
The grants are in addition to the $1.8 million that Stellantis provided for home repairs to 120 homeowners on the east side in 2020 and 2021.
Troubled automaker Stellantis has decided that its Ram brand needs its own executive, so it is bringing back an executive who retired this year when CEO Carlos Tavares was still running the company.
In Metro Detroit, gas prices continue to fall. Motorists are filling up for an average of $2.96 per gallon.
As we prepare for the winter season, getting your car ready for its quick or long trek can make all the difference.
The duo will host their podcast at 8 p.m. on March 28 at the Fox Theatre.
The New York Times named the Lebanese Sundae at Leila and the ham sandwich at Mike's Famous Ham Place as two of "The 26 Best Dishes We Ate Across the U.S. in 2024."
Detroit Diamond put her skills on display as a finalist in the Netflix series "Rhythm + Flow," and her career is starting to take off.
Among the 25 films selected by the Library of Congress to be preserved for future generations are the Coen Brothers' "No Country for Old Men," "The Social Network," Cheech & Chong's "Up in Smoke," and "The Texas Chainsaw Massacre."
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
House Speaker Mike Johnson is facing a revolt from fellow Republicans over a last-minute measure to keep the government funded and avoid a shutdown.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
The Supreme Court on Wednesday said it will take up a challenge to a new law that could lead to a ban on TikTok in the U.S.
The House Ethics Committee voted to release its report on the investigation into former Rep. Matt Gaetz on Dec. 5, according to multiple sources.
Wayne County is erasing $27 million in medical debt for more than 46,000 county residents.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
A court in Hazel Park is aiming to treat people with substance abuse while keeping them out of prison.
Aaron Siri, an attorney to Robert F. Kennedy Jr., petitioned the FDA to "withdraw or suspend" its approval of a polio vaccine.
Union officials representing the University of Michigan Health-Sparrow nursing staff have been working for months for an improved contract, but leaders say they're not close to a deal.
The Detroit Lions are holding out hope that running back David Montgomery might be able to return from what was believed to be a season-ending knee injury.
Patrick Mahomes is battling another ankle injury.
The first-round draft pick suffered an injury to his left tibia during Week 6. However, he says he wasn't going to let the injury stop him and made a promise to his teammates.
Harris launched his "Season of Smiles" event, an annual shopping spree for five preselected deserving families.
Campbell, though, doesn't like that Detroit gave up 48 points in a six-point loss to the AFC East champion Buffalo Bills on its home turf.
Mary Tyler Moore turned the world on with her megawatt smile as she starred in the iconic "Dick Van Dyke" and "Mary Tyler Moore" shows a generation ago.
The roundtable talked politics and focused on blockbuster news that Detroit Mayor Mike Duggan would run for governor in 2026 but as an independent candidate.
President-elect Donald Trump campaigned with talk of ending the $7,500 electric vehicle tax credit which has helped fuel sales.
The 98th Annual America's Thanksgiving Parade will roll through the streets of downtown Detroit this Thursday, with hundreds of thousands lining Woodward Avenue as six new floats make their debut.
Hackel, the former Macomb County Sheriff, said the results of the 2024 contest are giving him more confidence than ever that he has the right stuff and resumé to be governor.
An investigation is underway after a Detroit dispensary was vandalized in an attempted robbery early Wednesday morning.
The Fugitive Apprehension Services Team (FAST) is a task force of Detroit police officers and Wayne County Sheriff's deputies. The team had a record-setting year in 2024, arresting nearly 1,040 individuals with outstanding felony warrants. It's the most arrests since the unit was formed in 2019.
Snow returns late Thursday with a slippery Friday morning possible.
You can catch a performance of "The Preacher's Wife" at Greater Emmanuel Institutional COGIC in Detroit Dec. 19-20.
Luigi Mangione was indicted Tuesday by the Manhattan district attorney in the murder of UnitedHealthcare CEO Brian Thompson.