Articles

When does a $8.41 tax bill cost you $24,215?

October 27, 2017 | By CHRISTINA MARTIN

In January 2013, Uri Rafaeli’s business—Rafaeli, LLC—tried to pay the overdue taxes for a modest rental home in Southfield, Michigan.  Rafaeli miscalculated the interest due for the delinquent 2011 taxes and underpaid by $8.41. A year later, Oakland County foreclosed on the property. The County then auctioned the property for $24,500 and ...