Tax Lawyers in Old Orchard Beach

To pay for general services like police, schools, firefighters, libraries, and hospitals, the government of Old Orchard Beach, Maine collects taxes.

In Old Orchard Beach, Maine, there are various different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts decided by the relevant laws. Typically, taxes are calculated as a percentage of something, such as income or home value. Sometimes, however, they are simply collected as a flat fee (usually in exchange for a license or permit).

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

Sources of Tax Dollars in Old Orchard Beach, Maine

In Old Orchard Beach, StateName>, taxes can come from a range of sources, such as sales tax, licensing money, and bridge/road tolls.

Sales Tax: A sales tax in Old Orchard Beach is a surcharge added to the price of most goods that are sold by retailers to the general public. The government of further imposes a sales tax, which must be paid in addition to the local tax. Normally, local sales taxes are less than one percent, while state sales taxes are in the 5% range.

Licensing Fees: In Old Orchard Beach, licenses are required to engage in many different activities, or at least to do so legally. The most prevalent 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 gathering revenue, and therefore serve the same purpose as taxes.

Bridge/Road Tolls: Many larger cities in the U.S. charge tolls to enter the city via main highways or bridges. This amounts to a tax paid for the privilege of entering Old Orchard Beach if it has such toll roads. Besides being a basic source of revenue, these tolls require visitors to the city, who will have many city services available to them while they visit, to pay at least some contribution to these services.

How Can a Old Orchard Beach, Maine Tax Attorney Help?

Tax Law in Old Orchard Beach, Maine is sometimes simple. More often than not, however, some wrinkle appears that makes determining one's tax liability more convoluted than it probably needs to be. Furthermore, many individuals and groups are legally entitled to tax breaks and deductions, which can make figuring out one's tax liability even more difficult.

Therefore, it's very important that you seek the advice of a knowledgeable Old Orchard Beach, Maine tax attorney if you have any type of issue involving local taxes.