Tax Lawyers in San Mateo
The government of San Mateo, California collects taxes from its residents in order to pay for basic public services, like police and fire departments, libraries, hospitals, and public transit.
Taxes in San Mateo, California are derived from a wide variety of sources. Regardless of the source, however, the amount that's taken is never arbitrary, and is always determined by law. A tax can come either in the form of a flat fee, or as a percentage of one's income, the value of a piece of property, or a sale.
You are legally-required to pay your taxes in San Mateo. If you fail to pay your taxes, without a compelling reason, you are committing a crime, and may end up going to jail as a result.
Sources of Tax Dollars in San Mateo, California
Taxes can come from a wide variety of sources in San Mateo, California, such as sales tax, administrative/licensing fees, and tolls.
Sales Tax: Generally cities in the U.S., as well as most states, charge a sales tax. In San Mateo, the sales tax is calculated as a percentage of the sale price of most goods and services. The rate varies from state to state, and city to city.
Licensing Fees: The government of San Mateo issues licenses for engaging in a wide variety of different activities. Most commonly, they issue business licenses, which business owners must obtain before operating any type of business in city limit. The most important of this process is usually paying a fee. While these taxes are called "fees," instead of "taxes," they are functionally identical, and serve the same purpose (namely, raising revenue).
Bridge/Road Tolls: Many larger cities in the U.S. charge tolls to enter the city via major highways or bridges. This amounts to a tax paid for the privilege of entering San Mateo if it has such toll roads. Besides being a general 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 San Mateo, California Tax Attorney Help?
Tax Law in San Mateo, California 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 San Mateo, California, it's very important to speak with a reliable San Mateo tax law specialist.