Tax Lawyers in Franklin
To pay for general services like police, schools, firefighters, libraries, and hospitals, the government of Franklin, Massachusetts collects taxes.
In Franklin, Massachusetts, there are numerous different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts decided by the relevant laws. Usually, 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).
Residents of Franklin are legally obligated to pay their taxes. Failure to do so can result in civil penalties, criminal fines, and even imprisonment.
Sources of Tax Dollars in Franklin, Massachusetts
Taxes can come from a wide number of sources in Franklin, Massachusetts, such as sales tax, administrative/licensing fees, and tolls.
Sales Tax: Mostly cities in the U.S., as well as most states, charge a sales tax. In Franklin, the sales tax is calculated as a percentage of the sale price of most goods and services. The rate varies from state to state, and city to city.
Licensing Fees: In Franklin, licenses are required to engage in many different activities, or at least to do so legally. The most common 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 collecting 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 Franklin, 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 Franklin, Massachusetts Tax Attorney Help?
Tax Law in Franklin, Massachusetts is sometimes simple. More often than not, however, some wrinkle appears that makes determining one's tax liability more convoluted than it probably needs to be. Furthermore, many individuals and groups are legally entitled to tax breaks and deductions, which can make figuring out one's tax liability even more difficult.
If you have any legal issues with your taxes, you should seek legal advice from a competent and reputable tax attorney in Franklin, Massachusetts.