Tax Lawyers in Crestwood
To pay for basic services like police, schools, firefighters, libraries, and hospitals, the government of Crestwood, Missouri collects taxes.
In Crestwood, Missouri, taxes are derived from several sources. Regardless of where a particular 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, typically in the context of licensing fees or car registration fees, taxes are set at a flat rate.
You are legally-required to pay your taxes in Crestwood. 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 Crestwood, Missouri
There are a large number of different sources of tax revenue in Crestwood, Missouri. They include, among many others, sales tax, licensing fees, and road tolls.
Sales Tax: The sales tax imposed by Crestwood 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: Crestwood issues licenses that are required to legally engage in certain activities. Most often, the purpose of these licenses is to raise revenue in the form of fees, making them similar to taxes. One of the most common is the business license, which most businesses must obtain before operating.
Bridge/Road Tolls: Most major cities have tollbooths on all the major roads or highways that go into them. This effectively amounts to a tax paid to enter Crestwood, ensuring that visitors to the city make at least a small contribution to paying for the city services that they will enjoy while there.
How Can a Crestwood, Missouri Tax Attorney Help?
In Crestwood, Missouri, tax law can get pretty complicated. Taxes are levied on a huge range of products and activities, and they are often calculated in complex ways. Also, many groups and individuals are subject to special tax breaks and exemptions, which might or might not apply to you.
Accordingly, it's very important that you seek the advice of a qualified Crestwood, Missouri tax attorney if you have any type of issue involving local taxes.