Tax Lawyers in Matthews

Matthews, North Carolina has to gather taxes from its residents in order to pay for basic services that we've come to expect, like roads and schools.

In Matthews, North Carolina, taxes can come from several different sources. However, they are always collected at a rate that has been set by the law. Taxes sometimes come in the form of flat fees, but most of them are collected as a percentage of some larger amount of money, such as the value of a piece of property, or income.

Residents of Matthews are legally required to pay their taxes. Failure to do so can result in civil penalties, criminal fines, and even imprisonment.

Sources of Tax Dollars in Matthews, North Carolina

There are a considerable number of different sources of tax revenue in Matthews, North Carolina. They include, among many others, sales tax, licensing fees, and road tolls.

Sales Tax: Typically cities in the U.S., as well as most states, charge a sales tax. In Matthews, 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 Matthews, licenses are required to engage in many different activities, or at least to do so legally. The most prevalent 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 gathering revenue, and therefore serve the same purpose as taxes.

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 Matthews, 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 Matthews, North Carolina Tax Attorney Help?

Tax Law in Matthews, North Carolina is not simple. Taxes are imposed on a wide range of activities, and the manner in which they're calculated can be very confusing. Moreover, there are usually special tax breaks or exemptions that may or may not apply to you.

Therefore, it's imperative that you obtain the counsel of a qualified tax lawyer in Matthews, North Carolina if you think that you might need help with your local taxes.