How your paycheck would be impacted by the Trump and Harris tax plans
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Watch CBS News
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
A Michigan Supreme Court ruling Monday could put thousands of dollars in the pockets of tens of thousands of people who lost their homes in foreclosure sales.
Project 2025, a blueprint for the next Republican president, proposes major economic changes that could impact millions of Americans.
The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
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 IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
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.
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
If you're one of the millions of taxpayers who delay their taxes, it's easy to get an extension to October 15.
People who are waiting until the last minute to file taxes have until 11:59 p.m. on April 15, unless they have been granted an extension.
Two groups of taxpayers are more likely to face an IRS audit than other Americans, and it's only high income earners.
The U.S. tax system is designed to be progressive, with rich people paying a larger share of their income to the IRS. Here's what to know.
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
While it could come in handy to stop tax evaders, lawmakers are raising concerns over invasions of privacy and even spying.
President Joe Biden's proposed 2025 budget outlines a range of tax breaks geared to both individuals and families.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
The IRS cracking down on wealthy people who've skipped out on filing tax returns
After almost one month of tax filing, Americans are seeing bigger tax refunds, according to IRS data. Here's what to expect.
A new MDOT survey wants Michigan drivers to take on changing the gas tax. Right now, the state charges 30 cents on the gallon for gas.
The IRS opened for filing on January 29. Here's what to expect with your tax refund, from how much you'll get to when you'll get it.
In 2023, Gov. Gretchen Whitmer signed legislation that increased the average refund to more than $600.
The Macomb County Veterans Services, Macomb Community Action, and the Accounting Aid Society will offer help through the IRS Volunteer Income Assistance (VITA) program.
The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.
Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. income tax credits at the time of purchase.