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But the Michigan Treasury did not start issuing state income tax refunds until Feb. 13 — again, waiting until the tax law took effect — if tax filers took advantage of new breaks related to ...
This tax season is the first that retirees will be able to consider using the new Michigan tax law. We're not talking about across-the-board relief in 2023, though, and the rules remain far from ...
A major state income tax overhaul in Michigan was signed into law earlier in 2023 by Gov. Gretchen Whitmer, including benefits for families who may be living paycheck to paycheck as they work ...
The state treasurer of Michigan functions as the chief financial officer for the U.S. state of Michigan.The state treasurer oversees the collection, investment, and disbursement of all state monies, and also administers major tax laws, safeguards the credit of the state, and distributes revenue sharing monies to local units of government.
The largest tax increase in the proposal is the raising of Michigan's state sales tax from 6% to 7%. [2] [19] An additional law, Public Act 553, passed in December 2014 and taking effect in October 2015, will require certain Internet retailers, such as Amazon.com, to collect Michigan's sales tax at the point of purchase.
The West publication is Michigan Compiled Laws Annotated (MCLA); the LexisNexis version is the Michigan Compiled Laws Service (MCLS). Until the year 2000, an alternate codification known as the Michigan Statutes Annotated (MSA), which differed from the MCL in both its organization and numbering system, was also in use. Until the discontinuation ...
The state treasury said it processed almost 464,000 returns that claimed the Michigan Earned Income Tax Credit for Working Families for tax year 2023 so far through the end of March. The average ...
Under Michigan law, only cities can levy an income tax upon their own residents and upon non-residents who work within the city. To compensate in part for the decline in tax revenues as neighboring townships continue to develop, 425 agreements provide for an alternative to annexation and a mutually agreeable plan for sharing revenues between ...
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