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Since 2018, over 75,000 victims have lost $28 million to IRS imposters over the phone, email, texts and more. Here's how the IRS actually contacts taxpayers and how you can spot imposters.
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Governor Gretchen Whitmer signed a bill Tuesday to restore a tax break on retirement income and to boost the state earned income tax credit – the biggest state tax overhaul in a dozen years.
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A bill to expand the Michigan earned income tax credit has been reintroduced in the Legislature. The bill would ensure a delayed tax break for lower income workers can take effect in this tax year.
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Michigan tax filers will not receive $180 checks under a sweeping tax proposal passed by the state Senate late Tuesday night, advancing the bills to Gov. Gretchen Whitmer's desk without a key promise in the start of her second-term.
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A final push is underway to get the state Legislature to expand a tax break for working poor people before the end of the year.
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The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households.
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Eligible educators include K-12 teachers, principals, teachers' aides or counselors who spend more than 900 hours at the school during the academic year.
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A divided Michigan Senate approved bills that lower the state’s individual and corporate income taxes Thursday. The bills would drop tax rates to 3.9%.
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The Michigan House of Representatives passed legislation Tuesday to lower the state’s income tax rate to 3.9% from 4.25%.
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Among the changes, the corporate income tax rate would be lowered from 6.0% to 3.9%. The individual income tax rate would drop from 4.25% to 3.9%.