Tax Lawyers in New Fairfield

The government of New Fairfield, Connecticut 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 New Fairfield, Connecticut 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 New Fairfield 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 New Fairfield, Connecticut

Various different things can be taxed in New Fairfield, 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 instance, local governments collect revenue from sales taxes, licensing fees, as bridge tolls, among several other things.

Sales Tax: A sales tax in New Fairfield is a surcharge added to the price of most goods that are sold by retailers to the general public. The government of further imposes a sales tax, which must be paid in addition to the local tax. Typically, local sales taxes are less than one percent, while state sales taxes are in the 5% range.

Licensing Fees: New Fairfield issues licenses that are required to legally engage in certain activities. Most often, the purpose of these licenses is to raise revenue in the form of fees, making them comparable to taxes. One of the most common is the business license, which most businesses must obtain before operating.

Bridge/Road Tolls: Many larger cities in the U.S. charge tolls to enter the city via main highways or bridges. This amounts to a tax paid for the privilege of entering New Fairfield if it has such toll roads. Besides being a basic 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 New Fairfield, Connecticut Tax Attorney Help?

In New Fairfield, Connecticut, 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.

If you have any legal issues with your taxes, you should seek legal advice from a competent and reputable tax attorney in New Fairfield, Connecticut.