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Michigan's Unemployment Insurance Agency agreed to pay $55 million in April and make changes to how it processes claims as part of a settlement it reached in a lawsuit filed by several workers who ...
The settlement, which was given preliminary approval late last week, will set aside $55 million for claimants who received unemployment benefits in the pandemic, had the benefits taken away by the ...
At some point after they stopped receiving those benefits, Michigan's Unemployment Insurance Agency flagged their claims for fraud. Cole, for example, was told she owed the agency $29,000.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Sixty-eight percent of the surveyed workers experienced at least one pay-related violation in the week prior to the survey. On average the workers in the three cities lost a total of $2,634 annually due to workplace violations, out of an average income of $17,616, which translates into wage theft of fifteen percent of income. Extrapolating from ...
Spread payments over time to avoid higher taxes: Receiving a large taxable settlement can bump your income into higher tax brackets. By spreading your settlement payments over multiple years, you ...
Rising foreclosures and unemployment following the Great Recession reduced property values and further reduced the property and income tax base. [20] Additionally, Michigan decreased state revenue sharing with Detroit due to declining population numbers reported in the 2010 census. [20] City expenses also contributed to the cash-flow shortfall.
In a memo released yesterday, the U.S. Labor Department states that workers who were asked to repay unemployment benefits received through the CARES Act might be able to get a refund, although it...