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So far this tax season, Michigan has processed 531,000 individual tax returns for 2023 and issued $338 million in refunds. "We’re rocking and rolling," Leix said.
The average federal income tax refund in 2023 was $3,167 based on IRS data through Dec. 29, down 2.6% from the same period in 2022. The total number of refunds was down 4.4%. ... 3 big changes hit ...
Through the end of March, the Michigan Department of Treasury had processed more than 2.6 million 2023 tax returns. The total refund amount has been $1.75 billion, or an average refund amount of $824.
Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and local taxes and rules vary by jurisdiction, though many are based on federal concepts and definitions. Taxable income may differ from book income both as to timing of ...
Like many Michigan retirees, John Harnois is looking forward to saving good money on his state income taxes, thanks to a repeal of the so-called "retirement tax" beginning in 2023.. Now, if ...
Gretchen Esther Whitmer (born August 23, 1971) is an American lawyer and politician serving since 2019 as the 49th governor of Michigan. A member of the Democratic Party, she served in the Michigan House of Representatives from 2001 to 2006 and in the Michigan Senate from 2006 to 2015. Whitmer was born and raised in Michigan.
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