Tax Lawyers in Auburn
The government of Auburn, Alabama collects taxes from its residents in order to pay for basic public services, like police and fire departments, libraries, hospitals, and public transit.
In Auburn, Alabama, 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.
Paying your taxes in Auburn is not optional. It is required by law. If you don't pay your taxes, you could face stiff fines, and even jail time.
Sources of Tax Dollars in Auburn, Alabama
Several different things can be taxed in Auburn, Alabama. This is meant to ensure that there is a wide range of sources of tax revenue, and that the government does not have to rely too heavily on any one revenue stream that could dry up. For example, local governments collect revenue from sales taxes, licensing fees, as bridge tolls, among many other things.
Sales Tax: The sales tax imposed by Auburn is on top of the sales tax collected by the government of . Sales taxes are usually fairly small - about 5-7% at the state level, plus a city sales tax that's usually one percent or less.
Licensing Fees: The city of Auburn may require business owners to obtain a license from the local government before they begin operating within city limits. Typically, the main hurdle involved in obtaining one of these licenses is paying a fee to the city government. Although these payments are called "fees" as opposed to "taxes," they operate in the same way, and serve largely 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 Auburn 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 Auburn, Alabama Tax Attorney Help?
In Auburn, Alabama, many different laws and regulations govern taxes, making the theoretically simple task of determining one's tax liability pretty confusing. On top of that, there are many different breaks and exemptions that apply to specific types of groups and individuals, further complicating things.
So, if you have any questions or problems with your taxes in Auburn, Alabama, it's very important to speak with a qualified Auburn tax law specialist.