Tax Lawyers in Globe
The government of Globe, 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 Globe, 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 Globe 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 Globe, Arizona
There are a large number of different sources of tax revenue in Globe, Arizona. They include, among many others, sales tax, licensing fees, and road tolls.
Sales Tax: In Globe, the sales tax is a tax that's added to the price of goods at the point of sale. Usually, you have to pay a city sales tax on top of whatever sales tax is levied by . Typically, the local sales tax is much smaller than the state tax, which is usually in the area of 5-8%, with the city tax most often being less than one percent.
Licensing Fees: The city of Globe 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 major cities have tollbooths on all the major roads or highways that go into them. This effectively amounts to a tax paid to enter Globe, ensuring that visitors to the city make at least a small contribution to paying for the city services that they will enjoy while there.
How Can a Globe, Arizona Tax Attorney Help?
In Globe, Arizona, many different laws and regulations govern taxes, making the theoretically simple task of determining one's tax liability pretty difficult. On top of that, there are many different breaks and exemptions that apply to specific types of groups and individuals, further complicating things.
Therefore, it's essential that you obtain the counsel of a qualified tax lawyer in Globe, Arizona if you think that you might need help with your local taxes.