Tax Lawyers in East Point
The government of East Point, Georgia collects taxes from its residents in order to pay for general public services, like police and fire departments, libraries, hospitals, and public transit.
In East Point, Georgia, there are numerous different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts decided 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).
In case you were wondering, paying your taxes in East Point 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 East Point, Georgia
In East Point, StateName>, taxes can come from a range of sources, such as sales tax, licensing money, and bridge/road tolls.
Sales Tax: In East Point, the sales tax is a tax that's added to the price of goods at the point of sale. Normally, you have to pay a city sales tax on top of whatever sales tax is levied by . Usually, the local sales tax is much smaller than the state tax, which is normally in the area of 5-8%, with the city tax most often being less than one percent.
Licensing Fees: East Point 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 comparable to taxes. One of the most frequent is the business license, which most businesses must obtain before operating.
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 East Point, 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 East Point, Georgia Tax Attorney Help?
In East Point, Georgia, tax law can get pretty complicated. Taxes are levied on a huge range of products and activities, and they are often calculated in intricate ways. Furthermore, many groups and individuals are subject to special tax breaks and exemptions, which might or might not apply to you.
Therefore, it's very important that you seek the advice of a reliable East Point, Georgia tax attorney if you have any type of issue involving local taxes.