Tax

The massive tax and spending law signed in July halts a federal incentive for residential solar, and homeowners and installers are hurrying to complete projects before the end of the year. Industry experts say there are other ways to cut costs like "group buys."

The current version of the reconciliation budget bill being considered in Congress would eliminate the tax credit for homeowners who buy solar panels.

Lawmakers and policy researchers discussed a Republican-led road funding plan Wednesday before the Michigan Senate Appropriations Committee.

A new lawsuit filed in the Michigan Court of Claims is trying to make this year’s surplus-driven income tax cut permanent. At issue is the reading of a 2015 law lowering taxes when state revenue outpaces inflation by a certain amount.

New revenue forecasts out today show Michigan’s recent slew of tax changes could cost the state billions over the next few years.

The state will officially close the books on the last fiscal year this week.

A family in Leelanau County can claim property tax exemptions in both Utah and Michigan, according to a recent ruling from the Michigan Supreme Court.

The Michigan Senate adopted a tax proposal today along party lines and amidst arguments over who most deserves a break.

This week, U.S. Representative Peter Meijer addressed skyrocketing inflation from the House floor.

Governor Gretchen Whitmer is proposing giving a $500 tax rebate to what she describes as "Michigan's working families."