Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government.

It's time to collect your tax documents and get ready to file your return for the 2024 year. Tax day is April 15.

Economist Tim Nash voted three times for President Trump. But when it comes to imposing tariffs on imports from Canada, Nash ...

President Trump announced a new 25% blanket tariff on all steel and aluminum imports. This tariff is part of a growing list of tariffs his administration has already threatened or imposed.

The Internal Revenue Service began accepting federal income tax returns at 9 a.m. Monday. And Michigan was to begin ...

The ideal tax is always one that is paid by somebody else! Unfortunately, tariffs on goods are not paid by the countries from which they came.

Trump's tariffs could have lasting impact on Michigan in multiple ways and it's more than just the auto industry.

With tax season upon us, millions of Americans are busy collecting and filling out documents for the IRS, a process that never seems to get any simpler. "The IRS expects more than 140 million ...

And while the state is further down the list in terms of Chinese imports − 12th − the Federal Reserve Bank of St. Louis, when ...

Governor Gretchen Whitmer made the following statement on the Trump tariffs, which would raise cost on goods and services critical to Michiganders, like groceries, home heating, cars and putting more ...