Strange sell-off in dollar raises specter of investors losing trust in Trump’s US – MLive.com
Bernard Condon AP Business Writer NEW YORK (AP) – Of the threat tariffs pose to the US economy, nothing is more strange than the sale of the dollar. Currency is constantly rising due to fear of inflation, central bank movements and other factors. But economists are concerned that the recent dollar decline has been so […]
IRS says claiming the Child Tax Credit or EITC could delay your tax refund payment – MLive.com
Currently, since the Internal Revenue Agency has accepted the 2024 tax return, some taxpayers have already counted down until they are refunded. However, IRS says that taxpayers claiming a pair of tax deductions may be longer than expected to receive money. Related Story: 2025 Tax season starts on Monday, millions of people are eligible for […]
IRS confirms start date for 2025 tax season, but when can you expect to receive your refund? – MLive.com
WASHINGTON — The Internal Revenue Service announced it will begin accepting tax returns two weeks from today, as the 2025 tax season officially begins on Jan. 27. An estimated 140 million individual tax returns are expected to be filed this year, with half of those planning to file a tax return. The IRS says they […]
Have Medicare? You need to watch for this letter from your insurance company – MLive.com
If you're one of the millions of Americans who receive Medicare benefits and also have private insurance, you might want to keep an eye on your mailbox because you'll soon be receiving a letter with some important details, including possible major changes to your benefits and where you can use them. Among other things, the […]
Ask Amy: Anti-social son-in-law taxes family’s patience – MLive.com
Amy Dickinson Tribune Content Agency Ask Amy: Real World Advice Dear Amy: I have a stepdaughter who is 38 years old and thoughtful and successful. We have a good relationship and enjoy each other’s company. I live overseas, so I only see her and her family once or twice a year. The issue I am […]
Dear Abby: Husband keeps dragging his feet on filing our taxes, costing us penalties – MLive.com
Dear Abby: My husband and I have been married for 46 years. For the past five years, he has deferred paying our income taxes to the point where we are charged penalties. He continues to say he’s going to work on it, but everything else takes precedence. I gathered all the necessary documents and printed […]
Whitmer’s payroll tax cut plan could already be in trouble – MLive.com
Lansing, Michigan — When Gov. Gretchen Whitmer's State of the State address on Jan. 24 mentioned a proposed payroll tax cut, Rep. Dylan Wiguera cringed at the idea. The Garden City Democrat told MLive on Thursday that he would not vote for the plan if it goes to the House, slamming the effort as “Reagan-era […]