Author: Susan Tompor, Detroit Free Press

You know you owe somebody money. But you might be shocked that your tax refund is smaller, thanks to delinquent student loans or other bills.

The Internal Revenue Service reported on Feb. 14 that nearly two dozen tax practitioner firms have reported ID and data thefts so far this year.

The Internal Revenue Service is stepping up efforts to visit high-income taxpayers who failed to file their tax returns.

Tax filers can expect to answer quizzes or prove their identity as the IRS and state governments try to crack down on ID theft-related tax fraud.

New savings tools like Ally Bank’s Buckets give savers motivation and a way to put cash away for goals, such as buying an engagement ring.

The financial products comparison website LendEDU faked reviews and charged lenders for top rankings, the Federal Trade Commission said.

A new audit blames ‘complexity, confusion and lack of taxpayer awareness’ for poor participation in free file tax program.

Big tax refunds give many consumers a way to feel flush when they don’t typically have a lot of slack in their budgets.

Michigan is a battleground state for the Trump reelection bid — and automakers are watching the coronavirus, as uncertainty drags down stock prices.