ClickOnDetroit

IRS announces new income tax brackets for 2024 – WDIV ClickOnDetroit

The Internal Revenue Service announced its annual inflation adjustments last week. The IRS issued a press release describing the 2024 tax year adjustments that generally apply to income tax returns filed in 2025. The following points are from the press release and are of greatest interest to most taxpayers, according to the IRS: The standard … [Read more…]

General Motors lays off 1,314 workers at Michigan manufacturing plants – WDIV ClickOnDetroit

General Motors is laying off 1,314 workers at manufacturing plants in Michigan, months after reaching a new labor contract with the United Auto Workers (UAW). The announcement was made Thursday (Dec. 14) and Local 4 was told 945 people will be employed at the automaker’s Orion Assembly Subsystems Plant in Orion Township. Officials say the … [Read more…]