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Detroit City Wire

Thursday, November 21, 2024

Taxes News

Taxes

New Wayne County residents in 2019

28,360 people moved to Wayne County during 2019, an increase over the previous year, according to the Internal Revenue Service.

By Detroit City Wire | Apr 12, 2023

Taxes

The new Wayne County residents who came from the same state in 2019

17,960 people from across the state moved to Wayne County during 2019, an increase over the previous year, according to the Internal Revenue Service.

By Detroit City Wire | Apr 12, 2023

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The new Wayne County residents who came from across the U.S. in 2019

By Detroit City Wire | Apr 12, 2023

10,355 people from across the country moved to Wayne County during 2019, an increase over the previous year, according to the Internal Revenue Service.

From Great Lakes Wire

Top marginal tax rate in Michigan could reach 53.59% under Biden plan

By Metric Media News Service | 4 years ago

Under Democratic presidential candidate Joe Biden’s federal tax plan, the top marginal tax rate in Michigan could hit 53.59%, according to a new analysis by the Tax Foundation.

From Great Lakes Wire

Michigan Gov. Gretchen Whitmer gets ‘F’ grade for fiscal management

By Metric Media News Service | 4 years ago

Democratic Gov. Gretchen Whitmer received a grade of “F” from the Washington-based CATO Institute for her tax and spending policies since 2018, according to a ranking of governors that comes out every two years.

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Taxes

COVID-19 pandemic empties Michigan's highway funding

By John Suayan | Jun 12, 2020

There may not be enough funds to fix Michigan’s highways, and the COVID-19 pandemic is to blame.

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Taxes

Detroit General Retirement System limited in payouts due to assets

By Michael Pineda | Jun 8, 2020

The eyes of the nation are looking directly into the impact of the COVID-19 pandemic.

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MICHIGAN DEPARTMENT OF TREASURY: Treasury Issues Guidance About New Tax Deadlines for Individuals, Businesses

By Press release submission | Apr 20, 2020

The Michigan Department of Treasury today issued additional taxpayer guidance about new state income tax return filing and payment deadlines, income tax extensions and estimated tax payments.

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Taxes

WAYNE COUNTY TAX ASSESSOR: Property tax relief on its way for 31,000 Wayne County residents

By Press release submission | Mar 5, 2020

Michigan Gov. Whitmer signed a bill granting property tax relief to some Detroit residents on Monday.

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Taxes

More than 100 Michigan road, highway, bridge projects to be funded

By Angela Watson | Feb 24, 2020

Metro Detroit, the state's most traveled area, will benefit from a bonding package that will pay for 122 projects.

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Taxes

Tax-Aide program can help Detroit residents to get tax credits this season

By April Bamburg | Feb 11, 2020

The Detroit Free Press recently announced that Detroit residents may be missing out on the earned income tax credit, but they don’t have to – there’s a free tax preparation service available that can help them to ensure they don’t miss out on credits that can save them money this tax season.

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Taxes

Detroit expands HPTAP to help more low-income city residents avoid foreclosure, announcement says

By Karen Kidd | Jan 17, 2020

The city of Detroit is expanding its property tax exemptions for homeowners this year in a move expected to help more residents avoid losing their homes to foreclosure, the city's embattled but highly popular mayor announced last week.

From Great Lakes Wire

IRS audit rate for Wayne County residents is highest in Michigan

By Michael Carroll | 5 years ago

Wayne County residents were audited by the Internal Revenue Service at a greater rate than all similar jurisdictions in Michigan, according to an analysis by the website 24/7 Wall St.

From Great Lakes Wire

Michigan depends on property taxes for 34.6% of its state, local funds

By Michael Carroll | 5 years ago

Michigan relies on property taxes for 34.6 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.

From Great Lakes Wire

Lake ranks the poorest of Michigan counties

By Michael Carroll | 5 years ago

Lake County was ranked the most impoverished county in Michigan in a 24/7 Wall St. analysis of the least affluent regions in all 50 states.

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WAYNE COUNTY TREASURER: Taxpayer Assistance Day at Ecorse City Hall

By Press release submission | Dec 14, 2019

On Saturday December 7, 2019, The Wayne County Treasurer's Office in partnership with Ecorse City Treasurer Marilyn Oliver hosted a Taxpayer's Assistance Day.

From Great Lakes Wire

Michigan places tax of 20 cents per gallon on beer

By Michael Carroll | 5 years ago

State taxation on beer in Michigan amounts to 20 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.

From Great Lakes Wire

Michigan collects 51 cents per gallon in wine taxes

By Michael Carroll | 5 years ago

The wine excise tax in Michigan amounts to 51 cents per gallon, according to a Tax Foundation study based on January 2019 data.

From Great Lakes Wire

Michigan ranked ‘not tax-friendly’ in new Kiplinger tax guide

By Michael Carroll | 5 years ago

The overall tax system in Michigan was dubbed “not tax-friendly” in a recently released 50-state tax guide published by the Kiplinger business forecasting website.

From Great Lakes Wire

Michigan receives ‘D’ grade on national ranking of states’ fiscal health

By Michael Carroll | 5 years ago

Michigan would need $55 billion to pay all of its bills, including public employers’ pension benefits, according to a new ranking of the states’ fiscal health by Truth in Accounting (TIA).