Michigan's income tax rate returned to 4.25% for individuals for 2024 income. That's up from the temporary 4.05% rate in 2023 ...

The Michigan Department of Treasury is asking a state judge to dismiss a case filed by the Detroit school district, saying the harm claimed in the suit hasn’t occurred, so the lawsuit has no merit.

Monday marked the start of the 2025 tax filing season, and the Michigan Department of Treasury offered a few reminders about ...

Michigan has made record interest income over the past two years off surplus cash that’s been invested while waiting to be ...

The move by DOGE, a Trump administration task force assigned to find ways to fire federal workers, cut programs and slash ...

Proponents of a new innovation fund and business tax credit celebrated the programs as a way to grow Michigan's economy and boost entrepreneurship.

Business taxpayers must submit state copies of their 2024 income record forms – such as W-2s, 1099-NEC, 1099-MISC and 1099-R – to the Michigan Department of Treasury on or before ...

Michigan's 2025 tax season is here. Changes include the continued rollback of the ‘retirement tax’ and expanded eligibility for the Homestead Property Tax Credit.

WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's ...

About a year ago, Gov. Gretchen Whitmer called on Michigan lawmakers to create a research and development tax credit for businesses and a new fund to support start-up companies in the state.