Tax Lawyers in Biddeford
To pay for general services like police, schools, firefighters, libraries, and hospitals, the government of Biddeford, Maine collects taxes.
In Biddeford, Maine, there are various 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).
Paying your taxes in Biddeford is not optional. It is obligated by law. If you don't pay your taxes, you could face stiff fines, and even jail time.
Sources of Tax Dollars in Biddeford, Maine
A wide number of activities are subject to taxation in Biddeford, Maine, creating a large range of revenue sources. For example, cities usually impose a sales tax, charge fees for certain licenses, and collect tolls on roads and bridges.
Sales Tax: In Biddeford, there may be a sales tax on top of the sales tax imposed by the government of . City sales taxes are usually pretty small, usually in the range of one percent or less, as opposed to the 5-7% sales taxes imposed by most states.
Licensing Fees: In Biddeford, 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: Many larger cities in the U.S. charge tolls to enter the city via main highways or bridges. This amounts to a tax paid for the privilege of entering Biddeford if it has such toll roads. Besides being a basic 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 Biddeford, Maine Tax Attorney Help?
Tax Law in Biddeford, Maine 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.
Therefore, it's very important that you seek the advice of a qualified Biddeford, Maine tax attorney if you have any type of issue involving local taxes.