Who doesn’t want to save a little (or a lot of) extra money at tax time? Claiming all the deductions for which you are eligible can significantly reduce your tax bill.
With careful planning, you may find yourself paying the IRS much less than you have in years past.
Residents are expected to vote on a proposed public transit tax to raise nearly $4.4 million in annual funding to implement a five-year transit improvement plan.
The business tax cuts were enacted by Gov. Rick Snyder and legislators at the end of 2012 but will be halted if a statewide vote fails in August.
Taxpayers could save $371 million in the next budget year and $873 million the year the reduction is fully phased in.
Tax scams can take many forms, with perpetrators posing as the IRS in everything from e-mail refund schemes to phone impersonators.
Anticipating a sizable budget surplus, Republican lawmakers want to enact a broad-based tax cut for residents this election year.
Michigan’s $2-per-pack cigarette tax, 11th-highest in the country, has made the state a target for smuggling, which hurts tax revenues.
A new tax break is officially on the books in Michigan.
Buying a new car? You might want to wait until Dec. 15.