![irs-sign.jpg](https://assets2.cbsnewsstatic.com/hub/i/r/2023/02/04/55447c47-4ce1-4048-9099-c930ca9bc83e/thumbnail/640x360/949902f51327247d1395165f81547501/irs-sign.jpg?v=2287029998c5246c93d6dd038eb30603#)
The IRS is cracking down on a tax loophole for wealthy taxpayers
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
Watch CBS News
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 Biden administration has proposed new rules that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit.
Residents are urged to avoid the Maple Road area in West Bloomfield Township after a gas leak on Monday.
A 69-year-old Michigan man was arrested for allegedly operating a boat while drunk and crashing into a Macomb County Marine patrol boat on Friday.
Prosecutors said Christopher Demitrius Peterson got into a verbal altercation with a 49-year-old man when he allegedly fired a shot.
For the second time in a decade, customers of a bookstore on Ann Arbor's northside are saving it from closing for good.
This intersection carries approximately 8,950 vehicles daily.
Detroit officials announced Monday a new strategy for addressing the recent violence at neighborhood block parties.
The man accused of killing Detroit synagogue leader Samantha Woll returned to the courtroom Monday to testify in the murder trial.
Residents are urged to avoid the Maple Road area in West Bloomfield Township after a gas leak on Monday.
Residents in Washtenaw County's Sylvan Township are being told not to drink the water after the control system at the water treatment plant was tampered with during a security breach.
A 69-year-old Michigan man was arrested for allegedly operating a boat while drunk and crashing into a Macomb County Marine patrol boat on Friday.
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.
The board of General Motors approved another $6 billion share repurchase as the Detroit automaker continues to build momentum in 2024.
United Auto Workers union President Shawn Fain and other union leaders are under investigation by a federal court-appointed monitor, according to a court filing.
Alec Baldwin is charged with felony involuntary manslaughter in the Oct. 21, 2021, shooting death of Haylna Hutchins.
He worked with director James Cameron on the "Titanic" and the "Avatar" series.
It's the dawn of a new era at the Nathan's Famous Hot Dog Eating Contest. Patrick Bertoletti is the new men's champion, and Miki Sudo set a new record and retained the women's division title.
Attorneys for Alec Baldwin's "Rust" said the incentive would have been used to pay a settlement to cinematographer Halyna Hutchins' family.
Usher accepted the lifetime achievement award at the 2024 BET Awards, and Will Smith debuted a single as he continued his comeback from slapping Chris Rock at the Oscars two years ago.
President Biden has been working to address concerns, especially among Democrats in Congress, about his ability to serve another term after his poor debate performance.
Set to release Tuesday amid the frenzy over President Joe Biden's recent debate performance, "True Gretch" won't do much to dispel questions about her national ambitions. But Whitmer did what she could to shut down such speculation.
Airlines are suspending or canceling flights into Houston as Hurricane Beryl makes landfall in Texas.
President Biden has been adamant that he will stay in the race, but Sen. Lindsey Graham said he believes "before this is all said and done, that President Biden most likely will be replaced."
The former CBS News journalist and author of "Battle Scars" talks about the ever-present stresses that American military personnel face serving overseas, and how PTSD need not be permanent.
One day after Independence Day, air quality levels in Metro Detroit were high. Experts said pollution after a fireworks show is just one of many cons during big events.
One product contained 16 different metals, with researchers calling for rules requiring manufacturers to test tampons.
A big part of celebrating the Fourth of July is honoring those who've served. However, this time of year can also be a nightmare for veterans if you're not mindful about where you're lighting your fireworks.
Hatch has received two reports of people being shocked after plastic on the product's AC power adapter came off.
A case of H5 influenza, also known as bird flu or avian influenza, has been confirmed in a man who was working at a dairy farm in northeastern Colorado.
The Big3 basketball league, co-founded by Ice Cube, is expanding to Detroit, the franchise announced on Monday.
Detroit City FC will host Indy Eleven in the USL W League's Central Conference Final on Sunday afternoon.
Detroit City FC returns to Keyworth Stadium this Saturday for an Eastern Conference matchup against Tampa Bay Rowdies.
The Detroit City Football Club women's team earned its first-ever playoff match after beating River Light 3-0 on Friday.
Detroit City FC is set to host River Light FC in its first-ever playoff match since forming a women's team in 2020 in the USL W League's Central Conference Semifinal.
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.
U.S. Rep. Shri Thanedar appears on CBS Detroit's Michigan Matters and talks about the mental health crisis impacting the nation, the fallout of the war in Gaza and his re-election campaign.
Lisa Ford appears on CBS Detroit's Michigan Matters and talks about Michigan Central Station, which her husband, Bill Ford, Executive Chair of Ford Motor Co., decided to bring back to life in 2018.
For the second time in a decade, customers of a bookstore on Ann Arbor's northside are saving it from closing for good. Formerly Bookbound, Shaun Manning and Truly Render purchased the business in 2021, when shops were starting to reopen during the COVID-19 pandemic. They had a vision to continue the community store while also making it their own, including changing the name to Booksweet.
In recent days, President Biden has been very adamant that he will not be stepping away from the presidential race. CBS News Detroit spoke with some voters in Michigan who are not convinced that he can beat Donald Trump this time around.
Detroit's own Skilla Baby rocked the house at the Aretha Franklin Amphitheatre over the weekend, but not before reconnecting with his hometown in the heart of his community.
The remnants of Beryl will arrive later Tuesday and last through the day Wednesday.
After months of construction, a multi-million-dollar renovation project at a local park in Oakland County is almost complete.