Surging U.S. gas prices could erase bigger tax refunds, analysis finds
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
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Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
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.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Amy Nofiziger, a fraud expert for AARP, says that as the deadline approaches, scammers, "know that we're stressed and that it's going to be easy manipulating us."
If you're trying to figure out when your refund is landing, some steps are a giant waste of time, the IRS says.
Michigan House Bill 4235 aims to give union workers a tax benefit that was taken away in 2017.
Early IRS data provides a peek at what to expect for the millions of Americans who have yet to file their taxes.
A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
While the IRS sent out two stimulus checks and updated the Child Tax Credit this year, it's falling short of its core mission of servicing American taxpayers.
Tax Day, the last day to file 2017 income tax returns, is just days away on April 17. And scammers are upping their game, the IRS said in a warning this week. Thousands of Americans have lost millions of dollars and their personal information in scams, the agency said.
You've got a hefty check headed your way, thanks to your tax refund. Don't spend it just anywhere. Instead, here are five smarter ways to use your refund money.
A tax refund from the state of Michigan could require more than just filing a return.
What is your largest asset? It's your ability to earn a living!
With the U.S. staring down the barrel of a default deadline, an economist says an agreement on the budget may be too little, too late.
The best part of paying your taxes is probably getting your refund check.
DraftKings pushed back on the accusation, saying in a statement that it is not engaging in trademark infringement.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Michigan State takes on Louisville at KeyBank Center in Buffalo at 2:45 p.m. Saturday.
Michigan takes on St. Louis at KeyBank Center in Buffalo at 12:10 p.m. Saturday.
As the partial government shutdown continues, some Transportation Security Administration workers across the U.S. have called out over missed paychecks.
Dominique Townsend says the challenges she's faced inspired her to begin developing RideAble, a rideshare service designed specifically for people with disabilities.
DraftKings pushed back on the accusation, saying in a statement that it is not engaging in trademark infringement.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
A $4.3 billion investment is going toward a battery cell manufacturing plant in Lansing, Michigan, to provide Tesla with prismatic battery cells.
The United Auto Workers says that Detroit Diesel is adding a third shift, recalling laid-off workers and hiring dozens more people.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Short film director Sam Davis gave a shout out to his Michigan hometown when accepting an Oscar award on Sunday.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
DraftKings pushed back on the accusation, saying in a statement that it is not engaging in trademark infringement.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
As the partial government shutdown continues, some Transportation Security Administration workers across the U.S. have called out over missed paychecks.
Grace VanSlooten and Kennedy Blair each scored 18 points, and Michigan State rallied in the second half to beat Colorado State 65-62 in the first round of the women's NCAA Tournament.
Jalen Duren scored 23 points as the Detroit Pistons beat the Golden State Warriors 115-101 in a game missing two of the NBA's biggest stars.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Legislation is pending in Lansing that is intended to prohibit the sale or distribution of a substance called kratom.
A new report says Michigan should invest in primary care doctors to ease a severe shortage of physicians that has led to long wait times, higher costs and missed care.
The vote from 10,000 nurses at nine hospitals and campuses received 90% approval for authorization
China Reynolds' son, Auggie, could be waiting for the next 6 to 12 months in the hospital until a new heart is available.
DraftKings pushed back on the accusation, saying in a statement that it is not engaging in trademark infringement.
Michigan State takes on Louisville at KeyBank Center in Buffalo at 2:45 p.m. Saturday.
Michigan takes on St. Louis at KeyBank Center in Buffalo at 12:10 p.m. Saturday.
Grace VanSlooten and Kennedy Blair each scored 18 points, and Michigan State rallied in the second half to beat Colorado State 65-62 in the first round of the women's NCAA Tournament.
Jalen Duren scored 23 points as the Detroit Pistons beat the Golden State Warriors 115-101 in a game missing two of the NBA's biggest stars.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
Cool and dry conditions will hold on Saturday, with rain arriving on Sunday.
As the partial government shutdown continues, some Transportation Security Administration workers across the U.S. have called out over missed paychecks.
After residents in Clawson, Michigan, reported a possible DTE impersonator, a resident in Troy says someone came to her home claiming to be from the utility company.
Catholics and other faith communities around the world are observing Lent, a season of prayer and fasting and acts of charity. For those abstaining from eating meat, they will be eating fish instead. In part of the celebration are Friday Fish Fries, and one is hosted at St. Andrew's Society of Detroit in Troy.
The war in the Middle East is having an impact on how the Muslim community in Metro Detroit is recognizing Eid al-Fitr, marking the end of Ramadan.