Tax Lawyers in Farmington

The government of Farmington, Connecticut 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 Farmington, Connecticut 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.

In case you were wondering, paying your taxes in Farmington 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 Farmington, Connecticut

Many different things can be taxed in Farmington, Connecticut. 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 Farmington is on top of the sales tax collected by the government of . Sales taxes are normally fairly small - about 5-7% at the state level, plus a city sales tax that's normally one percent or less.

Licensing Fees: Farmington issues licenses that are required to legally engage in particular activities. Most commonly, the purpose of these licenses is to raise revenue in the form of fees, making them similar to taxes. One of the most frequent is the business license, which most businesses must obtain before operating.

Bridge/Road Tolls: Most major cities charge a toll to enter them via major roads or bridges. These fees are meant to pay for the upkeep of main public infrastructure in Farmington, by imposing a tax on visitors to it. In theory, this means that people who visit the city are required to contribute to the upkeep of the infrastructure that they will be using while present there.

How Can a Farmington, Connecticut Tax Attorney Help?

Tax Law in Farmington, Connecticut 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.

If you have any legal issues with your taxes, you should obtain legal advice from a qualified and reputable tax attorney in Farmington, Connecticut.