Taxes

Bills introduced in the Michigan Legislature would offer many lower-income parents a tax break for every child under 4 years old.

A reduction last year in the state income tax rate was temporary, according to a unanimous ruling Thursday by a three-judge Michigan Court of Appeals panel.

A petition campaign seeking to eliminate property taxes in Michigan was dealt a setback Monday by a state elections board.

The Home Heating Credit is to help low-income families pay some of their heating expenses.

An income tax bill originally meant to cut taxes for retirees in Michigan could be headed for substantial changes.That's because it's going to conference committee, where both chambers of the state Legislature can work out differences between their proposals.

A bill sent to the Michigan Senate Wednesday, January 25, would phase out taxes on public pension benefits and provide certain deductions for private retirees.The plan gives pensioners the choice to opt into a tax structure that existed before the system changed in 2011.

Michigan Congressman Dan Kildee, D-Flint, said he wants more transparency from the IRS about why they failed to conduct audits of the former President's tax returns.

Tax cuts will likely be a main topic for the Michigan Legislature when lawmakers return to Lansing this week from their summer break.

A seven-year-old lawsuit against the state over malfunctions in the state's unemployment compensation system will continue. That's under a decision today by the Supreme Court.

A bill to lower the Michigan’s income tax rate below 4% passed the state Senate by a party line vote today.