Tax Lawyers in Jersey City
Jersey City, New Jersey 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 Jersey City, New Jersey, there are numerous different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts decided by the relevant laws. Typically, 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).
Residents of Jersey City 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 Jersey City, New Jersey
Taxes can come from a wide number of sources in Jersey City, New Jersey, such as sales tax, administrative/licensing fees, and tolls.
Sales Tax: Typically cities in the U.S., as well as most states, charge a sales tax. In Jersey City, 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: The government of Jersey City issues licenses for engaging in a wide number of different activities. Most frequently, 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: Some larger cities have tolls set up on every main highway that enters the city. Effectively, this amounts to a fee that you have to pay in order to enter Jersey City, if it imposes such a toll. The idea is that visitors from outside the city enjoy many of the protections provided by the city government while they're there (such as protection by the police), and should pay at least a token sum to contribute to those services.
How Can a Jersey City, New Jersey Tax Attorney Help?
In Jersey City, New Jersey, many different laws and regulations govern taxes, making the theoretically simple task of determining one's tax liability pretty perplexing. On top of that, there are many different breaks and exemptions that apply to specific types of groups and individuals, further complicating things.
If you have any legal issues with your taxes, you should pursue legal advice from a skilled and reputable tax attorney in Jersey City, New Jersey.