Tax Lawyers in Bismarck

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

In Bismarck, North Dakota, taxes can come from many 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 Bismarck 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 Bismarck, North Dakota

A wide variety of activities are subject to taxation in Bismarck, North Dakota, 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 Bismarck, the sales tax is a tax that's added to the price of goods at the point of sale. Usually, you have to pay a city sales tax on top of whatever sales tax is levied by . Typically, the local sales tax is much smaller than the state tax, which is usually in the area of 5-8%, with the city tax most often being less than one percent.

Licensing Fees: The government of Bismarck issues licenses for engaging in a wide variety 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: Many larger cities in the U.S. charge tolls to enter the city via major highways or bridges. This amounts to a tax paid for the privilege of entering Bismarck if it has such toll roads. Besides being a general 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 Bismarck, North Dakota Tax Attorney Help?

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

So, if you have any questions or problems with your taxes in Bismarck, North Dakota, it's very important to speak with a qualified Bismarck tax law specialist.