Here's how much the new "no tax on tips" deduction could save you
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
Watch CBS News
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.
According to Jackson Hewitt Tax Service, year-end is an ideal time to lower your 2011 tax liability and increase the size of your refund when tax time arrives early in 2012.
Ford has issued two recalls affecting nearly 1.74 million of its cars in the U.S., due to software issues impacting the vehicles' rearview camera displays that could increase crash risks.
A man and woman are dead, and another person was taken to the hospital after a head-on crash between two cars in Lodi Township, Michigan, on Friday afternoon, according to the Washtenaw County Sheriff's Office.
Ziaire Williams made two 3-pointers in the final three minutes and the Brooklyn Nets ended a 10-game losing streak by rallying to beat the Detroit Pistons 107-105.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
Police in Detroit are asking for the public's help after they say an individual stole a handgun and credit cards from a truck on the city's west side last month.
An EF-3 tornado moved through Union City, Michigan, during Friday night's severe storms in the southwest part of the state, according to the National Weather Service.
A water main break in Farmington Hills, Michigan, that happened early Saturday has spurred a boil water advisory for Walled Lake and a portion of Novi, according to the Great Lakes Water Authority.
At least two tornadoes were reported in Southwest Michigan on Friday amid severe weather, according to CBS Detroit's Chief Meteorologist Ahmad Bajjey.
Michigan Medicine will drop thousands of Blue Cross Blue Shield members if a deal isn't reached.
Ford has issued two recalls affecting nearly 1.74 million of its cars in the U.S., due to software issues impacting the vehicles' rearview camera displays that could increase crash risks.
For the first time in 15 years, Stellantis is not issuing a profit-sharing distribution to UAW-represented employees.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
In Metro Detroit, drivers are paying about $2.90 per gallon, which is 2 cents less than last week and 29 cents less than at the same time last year.
A restaurant celebrating rock music in the era of the legendary band Kiss is set to open in Royal Oak.
Six Flags is selling off some of its North America amusement parks, including Michigan's Adventure in Muskegon.
Actor and filmmaker Bruce Campbell told fans that he is in treatment for cancer and will cancel some upcoming public appearances.
Faster Horses, a multi-day country music festival, will not return this summer to Michigan International Speedway.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Ford has issued two recalls affecting nearly 1.74 million of its cars in the U.S., due to software issues impacting the vehicles' rearview camera displays that could increase crash risks.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Italian Archbishop Gabriele Caccia, 68, is currently the Holy See's ambassador to the United Nations in New York.
Matthew Tkachuk had his sixth career hat trick and the Florida Panthers beat the Detroit Red Wings 3-1 on Friday night to snap a four-game losing streak.
Michigan Medicine will drop thousands of Blue Cross Blue Shield members if a deal isn't reached.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Water testing has detected "low levels" of Legionella bacteria at two more Oakland County government buildings.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Henry Ford Health and Teamsters Local 332 remain locked in a labor dispute over a nurses' contract.
Ziaire Williams made two 3-pointers in the final three minutes and the Brooklyn Nets ended a 10-game losing streak by rallying to beat the Detroit Pistons 107-105.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
Matthew Tkachuk had his sixth career hat trick and the Florida Panthers beat the Detroit Red Wings 3-1 on Friday night to snap a four-game losing streak.
Former University of Michigan coach Sherrone Moore has pleaded no contest to a pair of misdemeanor charges.
Detroit Lions offensive tackle Taylor Decker says he has requested a release from the team.
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.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
An EF-3 tornado ripped through Union City, Michigan, on Friday night, damaging several homes, according to the National Weather Service. Julia Avant spoke with a resident who saw the twister moving his way before he and his family took cover in a basement.
Breezy and dry overnight and Sunday
A water main break that happened Saturday near the border of Farmington Hills and Novi in Michigan is flooding streets and closing down businesses. Areas surrounding the break are under a boil water advisory. Veronica Ortega reports on where crews are in the repair process.
At least four people are dead and 12 are injured after multiple tornadoes were reported in Southwest Michigan on Friday. Julia Avant reports from Union City where rescue teams spent hours on Saturday making sure people were accounted for.
The Detroit Red Wings were relatively active ahead of the trade deadline on Friday. The Wings made three trades this week, including bringing in a top veteran name to help support the defense.