Tax Lawyers in Northglenn
The government of Northglenn, Colorado collects taxes from its residents in order to pay for general public services, like police and fire departments, libraries, hospitals, and public transit.
Taxes in Northglenn, Colorado are derived from a wide number of sources. Regardless of the source, however, the amount that's taken is never arbitrary, and is always decided 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.
In case you were wondering, paying your taxes in Northglenn 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 Northglenn, Colorado
Taxes can come from a wide number of sources in Northglenn, Colorado, such as sales tax, administrative/licensing fees, and tolls.
Sales Tax: In Northglenn, 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 Northglenn 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: Many major cities have tollbooths on all the main roads or highways that go into them. This effectively amounts to a tax paid to enter Northglenn, ensuring that visitors to the city present at least a small contribution to paying for the city services that they will enjoy while there.
How Can a Northglenn, Colorado Tax Attorney Help?
In Northglenn, Colorado, tax law can get pretty complicated. Taxes are levied on a huge range of products and activities, and they are often calculated in perplexing ways. Also, many groups and individuals are subject to special tax breaks and exemptions, which might or might not apply to you.
Thus, it's extremely important that you obtain the advice of a qualified Northglenn, Colorado tax attorney if you have any tax law questions.