Tax Lawyers in Kenton County
To pay for general services like police, schools, firefighters, libraries, and hospitals, the government of Kenton County, Kentucky collects taxes.
Taxes in Kenton County, Kentucky 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.
You are legally-obligated to pay your taxes in Kenton County. If you fail to pay your taxes, without a compelling reason, you are committing a crime, and may end up going to jail as a result.
Sources of Tax Dollars in Kenton County, Kentucky
Taxes can come from a wide number of sources in Kenton County, Kentucky, such as sales tax, administrative/licensing fees, and tolls.
Sales Tax: A sales tax in Kenton County 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. Normally, local sales taxes are less than one percent, while state sales taxes are in the 5% range.
Licensing Fees: In Kenton County, licenses are required to engage in many different activities, or at least to do so legally. The most prevalent of these are business licenses. While some professions require licenses because the state has an interest in ensuring competence in them (in law and medicine, for instance), many business licenses exist for the primary purpose of gathering revenue, and therefore serve the same purpose as taxes.
Bridge/Road Tolls: Some larger cities have tolls set up on every main highway that enters the city. Effectively, this amounts to a fee that you have to pay in order to enter Kenton County, if it imposes such a toll. The idea is that visitors from outside the city enjoy many of the protections provided by the city government while they're there (such as protection by the police), and should pay at least a token sum to contribute to those services.
How Can a Kenton County, Kentucky Tax Attorney Help?
In Kenton County, Kentucky, the laws and regulations that govern the tax system are fairly intricate, even if determining one's tax rate is, in theory, a simple matter. Furthermore, there are many different exemptions, breaks, and deductions that can make the matter even more complex.
Thus, if you have any questions or problems with your taxes in Kenton County, Kentucky, it's very important to speak with a knowledgeable Kenton County tax law specialist.