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.
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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
Residents displaced by the explosion at the Keatington New Town Association condominium complex are looking for help and their community is answering the call.
The No.1 recruit had been committed to the LSU Tigers since January 2024.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
Michigan's foster youth face an uphill battle as they age out of the system, but a bill currently in the state Legislature aims to change that.
A Warren police officer is fighting for his life in the hospital after he suffered a serious accident while hunting.
Residents displaced by the explosion at the Keatington New Town Association condominium complex are looking for help and their community is answering the call.
On Thursday, Tlaib said the warrant "signals that the days of the Israeli apartheid government operating with impunity are ending."
The No.1 recruit had been committed to the LSU Tigers since January 2024.
Hoekstra, who was named chairman earlier this year, previously served as a U.S. House representative in Michigan's 2nd District and as the U.S. ambassador to the Netherlands during Trump's first term.
A 72-year-old man and a 75-year-old woman suffered critical injuries. Several others suffered minor injuries as well.
Local UAW members claim Stellantis is to blame for roughly 4,000 layoffs this fall, not poor market conditions.
Ford said Wednesday most of the job cuts would come in Germany and would be carried out in consultation with employee representatives.
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.
Tickets go on sale to the general public via Ticketmaster on Tuesday, Nov. 26.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
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.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
McDonald's wants to make dining at its restaurants affordable for customers again with new value offerings.
The school district introduced therapy dogs two years ago, and things have gone so well that it decided to add six more dogs.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
A WARN notice says that an agreement between the hospital and the Secretary of Health and Human Services would be terminated because the hospital was not in compliance with some of the Medicare Conditions of Participation.
A number of homes in parts of Metro Detroit are seeing elevated levels of lead in their drinking water, according to officials.
The No.1 recruit had been committed to the LSU Tigers since January 2024.
Detroit's Tarik Skubal wins the AL Cy Young Award after leading the Tigers to its first playoff in a decade.
Hinch, a 50-year-old in his fourth season leading the Tigers, made the playoffs with a torrid second half despite losing quality players like right-hander Jack Flaherty at the July 30 trade deadline.
Weeks before the high school wrestling season is set to begin, the Livonia Public Schools District has fired a wrestling coach.
The Detroit Lions have developed a killer instinct this season.
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.
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.
Carol Cain, host of CBS News Detroit's "Michigan Matters," joined CBS News to discuss the holiday season and President-elect Donald Trump nominating Michigan GOP Chair Pete Hoekstra the U.S. ambassador to Canada.
Residents displaced by the explosion at the Keatington New Town Association condominium complex are looking for help and their community is answering the call.
Warming temperatures begin to move in for the weekend but much colder air looks to arrive by Thanksgiving.
Michigan's foster youth face an uphill battle as they age out of the system, but a bill currently in the state Legislature aims to change that.
A Warren police officer is fighting for his life in the hospital after he suffered a serious accident while hunting.