Tax Lawyers in Highland Park
To pay for general services like police, schools, firefighters, libraries, and hospitals, the government of Highland Park, Michigan collects taxes.
In Highland Park, Michigan, taxes are derived from numerous sources. Regardless of where a specific tax comes from, it is always collected in an amount dictated by law. Most often, taxes are calculated as a percentage of income, sales, or property value. Sometimes, usually in the context of licensing fees or car registration fees, taxes are set at a flat rate.
Residents of Highland Park 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 Highland Park, Michigan
Taxes can come from a wide number of sources in Highland Park, Michigan, such as sales tax, administrative/licensing fees, and tolls.
Sales Tax: In Highland Park, 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: The city of Highland Park may require business owners to get a license from the local government before they begin operating within city limits. Typically, the main hurdle involved in obtaining one of these licenses is paying a fee to the city government. Although these payments are called "fees" as opposed to "taxes," they operate in the same way, and serve largely the same purpose, as taxes.
Bridge/Road Tolls: Most large cities in the U.S. charge fees, or tolls, on automobiles entering the city via public bridges and highways. This money is, more or less, a tax on everybody who drives into Highland Park via public infrastructure. This means that everyone who visits is obligated to make at least a small contribution to the government services they'll be using while there.
How Can a Highland Park, Michigan Tax Attorney Help?
Tax Law in Highland Park, Michigan is sometimes simple. More often than not, however, some wrinkle appears that makes determining one's tax liability more complicated 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.
Thus, it's necessary that you obtain the counsel of a qualified tax lawyer in Highland Park, Michigan if you think that you might need help with your local taxes.