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  2. Tax refunds from Michigan, IRS: How to check status of state ...

    www.aol.com/tax-refunds-michigan-irs-check...

    The Michigan Treasury is processing both the supplemental checks for the 2022 tax year for the Michigan earned income tax credit and individual income tax refunds for the 2023 tax year.

  3. IRS penalties - Wikipedia

    en.wikipedia.org/wiki/IRS_penalties

    Penalty for Failure to Timely Pay Tax: If a taxpayer fails to pay the balance due shown on the tax return by the due date (even if the reason of nonpayment is a bounced check), there is a penalty of 0.5% of the amount of unpaid tax per month (or partial month), up to a maximum of 25%.

  4. The IRS ‘Get My Payment’ Tool for Stimulus Payments — What It ...

    www.aol.com/irs-payment-tool-stimulus-payments...

    More than 169 million payments worth about $400 billion have been sent out by the IRS since Congress passed the American Rescue Plan stimulus relief bill in March. See: Fourth Stimulus Checks ...

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Credit scores are greatly impacted after a foreclosure. The average number of points reduced when you are 30 days late on your mortgage payment is 40 – 110 points, 90 days late is 70 – 135 points, and a finalized foreclosure, short sale or deed-in-lieu is 85 – 160 points. [32]

  6. Taxation of illegal income in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_illegal_income...

    Similarly, no business deduction is allowed "for any payment made, directly or indirectly, to an official or employee of any government [ . . . ] if the payment constitutes an illegal bribe or kickback or, if the payment is to an official or employee of a foreign government, the payment is unlawful under the Foreign Corrupt Practices Act of 1977."

  7. IRS singles out tax payments 4 states sent last year as ... - AOL

    www.aol.com/finance/irs-singles-tax-payments-4...

    Most residents in states that distributed some kind of stimulus payments last year don’t have to report them on their federal returns — but there are exceptions. IRS singles out tax payments 4 ...