Do you use PayPal or Venmo? The IRS is giving you a break.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
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Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
The 2015 law provides a mechanism to reduce the income tax rate when the percentage increase in the general fund exceeds the inflation rate during a fiscal year.
It's been six months since Governor Rick Snyder took office, so what does he think of his progress so far?
Governor Rick Snyder calls the passage of his tax reform bill a big victory for Michigan and for businesses in the state.
If Governor Rick Snyder's proposed cuts to tax credits and incentive programs gets approved, what does that hold in store for Detroit?
Unable to pass Governor Rick Snyder's controversial pension tax, Senate Republicans are now exploring new options to create revenue.
The Snyder administration is stepping up efforts to push for a major business tax cut, along with budget cuts and other reforms.
The Michigan Senate has approved bills that would give broad new powers to emergency financial managers over objections of union members.
Republicans in Lansing are setting aside time to discuss alternatives to part of Governor Rick Snyder's budget and tax reform proposals.
The Oakland County Prosecutor's Office reissued charges against a 34-year-old man, more than two years after he allegedly broke into a woman's home in Bloomfield Township, Michigan.
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
Detroit Mayor Mary Sheffield and the Detroit Land Bank Authority are celebrating the 67 Detroiters who are receiving deeds to their homes on Friday.
Data centers, politics and civility are the focus of this week's Michigan Matters.
A Warren man was sentenced after being convicted by a Macomb County jury in July on all charges, including 10 felonies, Macomb County Prosecutor Peter J. Lucido announced Friday.
A man ran over and injured an Eastpointe police officer with a truck loaded with items from English Gardens in a pursuit that traveled from Eastpointe into the City of Detroit, police say.
The Oakland County Prosecutor's Office reissued charges against a 34-year-old man, more than two years after he allegedly broke into a woman's home in Bloomfield Township, Michigan.
Detroit Mayor Mary Sheffield and the Detroit Land Bank Authority are celebrating the 67 Detroiters who are receiving deeds to their homes on Friday.
Data centers, politics and civility are the focus of this week's Michigan Matters.
A Warren man was sentenced after being convicted by a Macomb County jury in July on all charges, including 10 felonies, Macomb County Prosecutor Peter J. Lucido announced Friday.
Tony Stewart Racing unveiled a special Dodge livery on Tuesday at Stellantis' North America headquarters in Auburn Hills, Michigan.
The spike in prices has also sparked differing opinions among drivers about who's to blame.
A Ford contract employee was taken to a hospital following an incident on Monday morning at the Michigan Assembly Plant in Wayne, Michigan.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
Taylor Swift announced her new single "Patient Zero" earlier this week, saying she has been "impatiently waiting" to announce that it will be out on Friday.
A Tennessee judge granted Dolly Parton's estate a temporary restraining order Wednesday against the late singer's nephew Bryan Seaver and his private security company.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
Presley Gerber, the son of Cindy Crawford and Rande Gerber, has died at 27, a family spokesperson has confirmed.
Victoria Viktorovna Aquilina, 43, entered the U.S. more than 20 years ago and never became a citizen. Federal prosecutors in Detroit say she voted in person in the 2024 presidential election anyway.
Two 20-year-olds have been arrested and charged with hazing and disorderly conduct in relation to the incident.
With an unprecedented budget, ICE spent billions in a rush to expand its detention network, wasting millions in the process, the Government Accountability Office found.
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
The federal government is defending its officers after a fatal crash last weekend involving an immigrant in western Michigan.
More than 100 volunteers gathered on Monday to distribute fresh food and Alzheimer's education resources to seniors in Oakland County in recognition of World Alzheimer's Day.
Thursday marks one year since Michigan Medicine ended gender-affirming care for young patients
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
The school immunization waiver rate climbed to 7.1% last year from 6.2% in 2024, the fifth straight year of decline and the highest exemption rate since 2010. Michigan is now outpacing the national average.
The standardbred-Friesian mare is currently undergoing treatment and is believed to be unvaccinated, according to state officials.
Dan Campbell has demoted offensive coordinators during the season in two of his previous five years with the Detroit Lions.
School board members discussed a potential new policy that would ban transgender women from women's sports and locker rooms.
CJ Abrams hit a tiebreaking two-run homer and added a solo shot to give the Washington Nationals a 3-1 victory over the Detroit Tigers on Tuesday night.
The Detroit Red Wings will likely extend their playoff drought to 11 seasons, putting their dismal run behind only one in NHL history.
River Ryan was outstanding in his Detroit debut, and the Tigers hit three home runs to rout the Washington Nationals 9-2, one day after being eliminated from the American League playoff race.
Data centers, politics and civility are the focus of this week's Michigan Matters.
The signature event was launched 19 years ago by the Metropolitan Affairs Coalition and the Detroit Free Press.
At the top of the list is the open U.S. Senate contest between Democrat Abdul El-Sayed and Republican Mike Rogers.
The Detroit Regional Partnership, which has been around for six years, has been a significant catalyst, helping bring numerous jobs and companies to the region.
The roundtable talks politics, civility and issues that will resonate this fall in various elections.
The Oakland County Prosecutor's Office reissued charges against a 34-year-old man, more than two years after he allegedly broke into a woman's home in Bloomfield Township, Michigan.
Bedrock, which is working to redevelop the Renaissance Center in downtown Detroit, says the project is expected to be completed in 2036, two years earlier than projected in documents obtained by CBS News Detroit.
In this week's Fall Fridays series, CBS News Detroit's Karen Carter visits the Fire & Flannel Fest in Wyandotte. In attendance was the Lake Eerie Hexenbrut dance troupe.
Metro Detroit nonprofit Gathering Friends is opening a new resource designed to help women navigate life's transitions. The Closet is a boutique-style space offering clothing and essentials to women who need a fresh start.
In this week's Fall Fridays series, CBS News Detroit's Karen Carter visits the Fire & Flannel Fest in Wyandotte. Chance Hart talks about axe-throwing and shows Karen how to throw.