Tax Lawyers in South Miami

The government of South Miami, Florida collects taxes from its residents in order to pay for basic public services, like police and fire departments, libraries, hospitals, and public transit.

In South Miami, Florida, there are many different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts determined by the relevant laws. Normally, 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).

Paying your taxes in South Miami is not optional. It is required by law. If you don't pay your taxes, you could face stiff fines, and even jail time.

Sources of Tax Dollars in South Miami, Florida

A wide variety of activities are subject to taxation in South Miami, Florida, creating a massive range of revenue sources. For example, cities normally impose a sales tax, charge fees for certain licenses, and collect tolls on roads and bridges.

Sales Tax: In South Miami, there may be a sales tax on top of the sales tax imposed by the government of . City sales taxes are normally pretty small, normally in the range of one percent or less, as opposed to the 5-7% sales taxes imposed by most states.

Licensing Fees: The government of South Miami 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 South Miami 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 South Miami, Florida Tax Attorney Help?

In South Miami, Florida, many different laws and regulations govern taxes, making the theoretically simple task of determining one's tax liability pretty confusing. On top of that, there are many different breaks and exemptions that apply to specific types of groups and individuals, further complicating things.

Accordingly, it's very important that you seek the advice of a reliable South Miami, Florida tax attorney if you have any type of issue involving local taxes.