Tax Lawyers in Colorado

The government of Colorado, Arizona collects taxes from its residents in order to pay for basic public services, like police and fire departments, libraries, hospitals, and public transit.

In Colorado, Arizona, taxes can come from several different sources. However, they are always collected at a rate that has been set by the law. Taxes sometimes come in the form of flat fees, but most of them are collected as a percentage of some larger amount of money, such as the value of a piece of property, or income.

In case you were wondering, paying your taxes in Colorado is mandatory. The law requires it. So, if you don't pay your taxes, with very few exceptions, you are guilty of a crime, and will be punished accordingly.

Sources of Tax Dollars in Colorado, Arizona

There are a massive number of different sources of tax revenue in Colorado, Arizona. They include, among many others, sales tax, licensing fees, and road tolls.

Sales Tax: The sales tax imposed by Colorado is on top of the sales tax collected by the government of . Sales taxes are normally fairly small - about 5-7% at the state level, plus a city sales tax that's normally one percent or less.

Licensing Fees: In Colorado, licenses are required to engage in many different activities, or at least to do so legally. The most frequent of these are business licenses. While some professions require licenses because the state has an interest in ensuring competence in them (in law and medicine, for instance), many business licenses exist for the primary purpose of compiling revenue, and therefore serve the same purpose as taxes.

Bridge/Road Tolls: Most large cities in the U.S. charge fees, or tolls, on automobiles entering the city via public bridges and highways. This money is, more or less, a tax on everyone who drives into Colorado via public infrastructure. This means that everyone who visits is required to make at least a small contribution to the government services they'll be using while there.

How Can a Colorado, Arizona Tax Attorney Help?

Tax Law in Colorado, Arizona is not simple. Taxes are imposed on a wide range of activities, and the manner in which they're calculated can be very difficult. Additionally, there are usually special tax breaks or exemptions that may or may not apply to you.

Therefore, if you have any questions or problems with your taxes in Colorado, Arizona, it's very important to speak with a reliable Colorado tax law specialist.