Tax Lawyers in Kennebunk

To pay for general services like police, schools, firefighters, libraries, and hospitals, the government of Kennebunk, Maine collects taxes.

In Kennebunk, 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).

In case you were wondering, paying your taxes in Kennebunk 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 Kennebunk, Maine

In Kennebunk, StateName>, taxes can come from a range of sources, such as sales tax, licensing money, and bridge/road tolls.

Sales Tax: The sales tax imposed by Kennebunk is on top of the sales tax collected by the government of . Sales taxes are usually fairly small - about 5-7% at the state level, plus a city sales tax that's usually one percent or less.

Licensing Fees: The government of Kennebunk issues licenses for engaging in a wide number of different activities. Most often, 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: Most major cities charge a toll to enter them via main roads or bridges. These fees are meant to pay for the upkeep of basic public infrastructure in Kennebunk, by imposing a tax on visitors to it. In theory, this means that individuals who visit the city are obligated to contribute to the upkeep of the infrastructure that they will be using while present there.

How Can a Kennebunk, Maine Tax Attorney Help?

In Kennebunk, Maine, the laws and regulations that govern the tax system are fairly complex, 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.

Therefore, it's very important that you seek the advice of a qualified Kennebunk, Maine tax attorney if you have any type of issue involving local taxes.