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income tax

Photo Credit Thinkstock

Michigan House Panel Approves Income Tax Cut

A committee in the Michigan Legislature has voted to cut the state income tax rate from 4.25 percent to 4.05 percent by 2016.

WWJ Newsradio 950–02/19/2014

(Photo Credit: Thinkstock)

Michigan Panel OKs Tax Cut For Homeowners, Renters

The credit is worth up to $1,200 and is more substantial for seniors and lower-income earners.

WWJ Newsradio 950–02/13/2014

Michigan Senate Committee Approves Income Tax Cut

Taxpayers could save $371 million in the next budget year and $873 million the year the reduction is fully phased in.

WWJ Newsradio 950–01/30/2014

Michigan Lawmakers Call For State Income Tax Cut

Anticipating a sizable budget surplus, Republican lawmakers want to enact a broad-based tax cut for residents this election year.

WWJ Newsradio 950–01/05/2014

Economist Recommends $50K Tax Refund For All

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.

WWJ Newsradio 950–10/15/2013

Filling Out Forms

Plenty Of Changes For Tax Filers This Year

Experts recommend using some type of guidance to navigate forms and maximize your returns.

03/18/2013

Photo Credit: Thinkstock.com

What To Do If You Owe Taxes But Can’t Pay

So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?

03/11/2013

1040 Form Images

As The Tax Man Cometh, Tips For Getting Ready

The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.

03/04/2013

Detroit Treasurer Cheryl Johnson is seen with Detroit Mayor Dave Bing, and Chief Financial Officer Jack Martin. (credit: WWJ/Pat Sweeting)

It’s Time To Collect: Bing Touts New Plan To Raise $50M In Revenue For Detroit

Detroit leaders are out to get what the city’s owed — unveiling a plan to collect on debts by both businesses and citizens alike.

WWJ Newsradio 950–12/19/2012

Michigan Lawmakers Mull Fetus Tax Credit

Should Michigan residents get a tax credit for a child before it is born?

WWJ Newsradio 950–11/21/2012

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