Tax Lawyers in Stratford
The government of Stratford, Connecticut collects taxes from its residents in order to pay for basic public services, like police and fire departments, libraries, hospitals, and public transit.
In Stratford, Connecticut, there are many different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts determined by the relevant laws. Typically, taxes are calculated as a percentage of something, such as income or home value. Sometimes, however, they are simply collected as a flat fee (usually in exchange for a license or permit).
Everyone in Stratford is required by law to pay the taxes they owe. If you fail to do this, you could end up facing jail time.
Sources of Tax Dollars in Stratford, Connecticut
In Stratford, StateName>, taxes can come from a range of sources, such as sales tax, licensing fees, and bridge/road tolls.
Sales Tax: In Stratford, the sales tax is a tax that's added to the price of goods at the point of sale. Typically, you have to pay a city sales tax on top of whatever sales tax is levied by . Normally, the local sales tax is much smaller than the state tax, which is typically in the area of 5-8%, with the city tax most often being less than one percent.
Licensing Fees: The government of Stratford issues licenses for engaging in a wide variety of different activities. Most frequently, 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: Most large cities in the U.S. charge fees, or tolls, on automobiles entering the city via public bridges and highways. This money is, more or less, a tax on everyone who drives into Stratford via public infrastructure. This means that everyone who visits is required to make at least a small contribution to the government services they'll be using while there.
How Can a Stratford, Connecticut Tax Attorney Help?
Tax Law in Stratford, Connecticut is not simple. Taxes are imposed on a wide range of activities, and the manner in which they're calculated can be very confusing. Moreover, there are usually special tax breaks or exemptions that may or may not apply to you.
Therefore, it's imperative that you obtain the counsel of a qualified tax lawyer in Stratford, Connecticut if you think that you might need help with your local taxes.