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On city of Detroit Income Tax returns, strike pay is treated as compensation and would be taxable, as well. If you received strike pay in 2023, you'd report it on your 2023 income tax returns that ...
Detroit bankruptcy. Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama 's $4-billion filing in 2011. [1]
Detroit leaders work to help residents claim millions in tax credits. DETROIT, Mich (FOX 2) - Today, Deputy Mayor Todd Bettison and a coalition of community partners announced this year’s push ...
A billionaire businessman whose companies have invigorated Detroit's downtown announced a $500 million fund to improve neighborhoods on Thursday, starting with $15 million that will pay off the ...
In addition to property tax, the city levies an income tax of 2.4% on residents, 1.2% on non-residents, and 2.0% on corporations since 2013. Revenue is also obtained from utility taxes, hotel excises and from the Detroit-owned Water and Sewer system that provides most of the fresh water and sewage treatment facilities within the metropolitan ...
Detroit ( / dɪˈtrɔɪt /; dih-TROYT, locally also / ˈdiːtrɔɪt /) [7] is the most populous city in the U.S. state of Michigan. It is the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. Detroit had a population of 639,111 at the 2020 census, [8] making it the 29th-most populous city in the ...
Detroiters who are struggling to pay for their property taxes have until Dec. 12 to apply for a 2022 poverty tax exemption. Detroit homeowners can get help applying for 2022 property tax relief ...
The Detroit Land Bank Authority is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [2] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that are ...
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