It’s an unavoidable topic this time of year – taxes. However, there is more to tax season than just trying to file them. This is also a good time to think about your retirement – and come up with a plan that will have you paying the least amount of taxes when you start withdrawing from your retirement accounts.
Accounting Aid Society, a local nonprofit dedicated to supporting the financial well-being of individuals and families, offers a variety of free services to make the process easier.
Ohtani has decided to defer $680 million of the contract until after his playing days are over, meaning he’ll take in roughly $2 million of salary each year for the duration of the contract that will run through 2033.
The 2024 tax season doesn’t start until January 30, but one nonprofit wants you to start thinking about it now as they search for volunteers.
The Catherine Street property will consist of 62 one-bedroom apartments and one two-bedroom apartment in the historic Kerrytown district.
Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025.
Michigan taxpayers will see even more savings next year due to the state’s high revenues, with the state treasurer announcing Wednesday that the income tax rate will temporarily be lowered to 4.05% from 4.25%.
Michigan's Democratic Attorney General Dana Nessel says an income tax rate reduction expected to be triggered next month by the state’s high revenues will be temporary and will revert back to the normal rate the following year.
If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?
An inflation relief plan in Michigan is heading to the gov.'s office for approval, but will not include the initially-promised individual relief checks for taxpayers.
The Wayne County Treasurer will be offering additional office hours on Saturdays for the next several weeks for residents who need to pay delinquent property taxes.
If your adjusted gross income (AGI) was $73,000 or less, you can use one of the Free File IRS partner offers to file a free federal tax return. Some of the programs offer free state returns too.
Most Michigan voters believe road conditions in the state have pretty much stayed the same while Gov. Gretchen Whitmer has been in office, according to a new WDIV/Detroit News poll.
Most Michigan voters support increasing the time frame for in-person voting and preparing absentee ballots before Election Day, but don’t fully support giving tax credits to private school donors, according to a new poll.
