Emergency-related state tax relief available for taxpayers located in twelve northern Michigan counties impacted by March 2025 storms.
Why was my farmland preservation tax credit reduced for special assessments, collection fees in excess of 1%, penalties and/or interest?
Why was my farmland preservation tax credit reduced for special assessments, collection fees in excess of 1%, penalties and/or interest?
Special assessments (those not based on State equalized or taxable value and not levied using a millage rate), collection fees in excess of 1%, penalties, and interest cannot be claimed for a farmland preservation tax credit. Examples of common special assessments are drains, trash, police, fire, etc.