income tax

Panel OKs Bill Requiring Deduction Of Detroit Income TaxThe legislation requires employers to withhold city income taxes from paychecks of Detroit residents.
Snyder Signs Bill To Help With Homestead Property Tax ClaimsSnyder says the law will make it "easier for residents to file their tax returns correctly" and reduce the amount of incorrect property tax credits paid.
5 Tax Breaks New Parents Should Know AboutTax breaks can make raising children a little more affordable.
IRS Addresses Last Minute Tax Filing WoesTaxpayers have until Wednesday, April 15, 2015 to file their 2014 tax returns and pay any tax due.
Michigan House Panel Approves Income Tax CutA committee in the Michigan Legislature has voted to cut the state income tax rate from 4.25 percent to 4.05 percent by 2016.
Michigan Panel OKs Tax Cut For Homeowners, RentersThe credit is worth up to $1,200 and is more substantial for seniors and lower-income earners.
Michigan Senate Committee Approves Income Tax CutTaxpayers could save $371 million in the next budget year and $873 million the year the reduction is fully phased in.
Michigan Lawmakers Call For State Income Tax CutAnticipating a sizable budget surplus, Republican lawmakers want to enact a broad-based tax cut for residents this election year.
Economist Recommends $50K Tax Refund For AllWith 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.
Plenty Of Changes For Tax Filers This YearExperts recommend using some type of guidance to navigate forms and maximize your returns.
What To Do If You Owe Taxes But Can't PaySo you've prepared your tax return and found that you owe. What should you do if you can't pay?
As The Tax Man Cometh, Tips For Getting ReadyThe IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.