As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...

Republicans are working on another round of tax cuts and Trump wants them to include his promised elimination of taxes on ...

The 2025 tax season is underway. As US filters prepare to submit their returns, they should be aware that this mistake could ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

As the 2025 tax season approaches, understanding deadlines and filing requirements is crucial. While most taxpayers have ...

The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income ...

Tax season is back again, which means it’s time to collect your W-2 and Form 1098, and Form 1099s and start filing. While ...

Your employer, according to the IRS, is required to provide or send Form W-2, known as a "Wage and Tax Statement" to you no later than Jan. 31.

You may qualify for tax credits for caring for a child or dependent or investing in clean energy for your home.

The Internal Revenue Service and partners on Friday celebrated the 50th anniversary of the Earned Income Tax Credit, or EITC, ...