You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?

Despite the May filing deadline, millions of Americans still have yet to receive their federal tax returns.

Twenty-four communities across Michigan collect income tax from people who work in them but live elsewhere.

The 2021 tax season officially ended on May 17 -- so if you missed the tax filing deadline, what do you do?

The 2021 tax season officially ends Monday at midnight, but experts are encouraging people not to simply “file and forget.”

Millions of Americans leave millions of dollars in tax refunds on the table each year by not filing their taxes.

Under the U.S.’ American Rescue Plan, unemployment benefits received in 2020 are not taxable -- to a certain extent.

It may seem backward, but the truth is: It’s better if aren’t receiving a large tax refund this tax season.

The U.S. government’s American Rescue Plan has changed how unemployment benefits are taxed amid the coronavirus pandemic.

Federal and Michigan officials have extended the deadline to file taxes for the second year in a row due to the coronavirus pandemic.

Taxpayers in the U.S. are required to report gig economy income on their tax returns.

According to the Better Business Bureau, tax scams are still a problem this year. If you haven’t filed your taxes yet this season, don’t put it off any longer! The IRS discovers cases of identity theft because personal information is stolen and a fake claim for a refund is filed. “The IRS is not going to contact you and give you those high pressure tactics,” Blankenship said. “There are unfortunately people out there that they’re banking on the fact that you’re not going to look into them any further, especially if they look professional,” Blankenship said.

LANSING, Mich. – The due date for Michigan individual income tax annual returns has been pushed back to May 17, the state treasury department announced. Gretchen Whitmer announced the new filing deadline after the IRS extended its deadline to May 17. Changing the state’s filing and payment deadlines can help individuals figure out their next steps as we navigate these extraordinary times.”AdUnder the new deadline, state individual income tax annual returns and payments are due before 11:59 p.m. May 17. Taxpayers who are owed a refund are encouraged to file their state income tax returns so they can receive their refunds. They should estimate their tax liability and pay any taxes owed by May 17 to avoid additional interest or penalties, state officials said.

Business men work with calculator and laptop on the white table at officeThe state of Michigan will process individual income tax returns beginning Friday, Feb. 12, officials announced Wednesday. The Michigan Department of Treasury says it will begin processing state income tax returns at the same time the IRS does -- on Feb. 12. “We coordinate with the IRS to process tax returns and issue refunds,” said State Treasurer Rachael Eubanks. Michigan income tax returns and payments of taxes owed must be received by the state by April 15, 2021. You can learn more about individual income tax in Michigan at the treasury’s website here.

Individual income tax returns were supposed to be filed by July 15 in Michigan -- an-already extended deadline amid the coronavirus (COVID-19) pandemic. State income tax returns can be claimed within four years. For Michigan tax filers who missed the July 15 deadline, the state treasury listed the following actions to consider:Filing a return to claim an outstanding refund. Taxpayers risk losing their state income tax refund if they dont file a return within four years from the due date of the original return. For more information or an application, visit www.michigan.gov/oicOfficials say the last three options listed above should be filed separately from the state income tax return.

LANSING, Mich. The deadline to submit individual income tax returns for Michigan residents is approaching. State income tax returns are due on July 15. MORE: Coronavirus in Michigan: Heres what to know July 1, 2020Michigan taxpayers can submit their returns online or by mail before midnight on July 15. Officials are encouraging individuals to file their tax returns online. Residents who file online typically receive their refund about two weeks after the state accepts the tax return.

The IRS has made inflation adjustments to a range of key figures, from the amount you can put in a 401(k) retirement plan to the individual income tax brackets that help you determine your tax rate. Here are your new tax brackets in 2020:2020 Tax Brackets. (IRS)The IRS has also increased standard deduction for the 2020 tax year, which could reduce your taxable income. IRS retirement savings contribution limits. For 2020, the lifetime gift and estate tax exemption has increased again.