Inflation relief checks like Michigan proposal might not be taxed
Several states rolled out rebates and relief checks in 2022. Now, the IRS has to say what's taxable. Michigan is looking at its own checks in 2023.
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Several states rolled out rebates and relief checks in 2022. Now, the IRS has to say what's taxable. Michigan is looking at its own checks in 2023.
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This year, the tax bite itself might be less painful when you receive a bonus or profit-sharing check, thanks to new federal tax changes.
This year, the tax bite itself might be less painful when you receive a bonus or profit-sharing check, thanks to new federal tax changes.
Tax season is upon us. Mark Steber is the chief tax information officer for Jackson Hewitt tax services and says if you think there are no changes this tax year