Tax Lawyers in Mercer County

Mercer County, New Jersey 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 Mercer County, New Jersey, there are many different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts determined by the relevant laws. Usually, 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 Mercer County 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 Mercer County, New Jersey

There are a large number of different sources of tax revenue in Mercer County, New Jersey. They include, among many others, sales tax, licensing fees, and road tolls.

Sales Tax: The sales tax imposed by Mercer County 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: In Mercer County, licenses are required to engage in many different activities, or at least to do so legally. The most common 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 collecting 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 Mercer County, 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 Mercer County, New Jersey Tax Attorney Help?

In Mercer County, New Jersey, the laws and regulations that govern the tax system are fairly complex, even if determining one's tax rate is, in theory, a simple matter. Additionally, there are many different exemptions, breaks, and deductions that can make the matter even more complex.

Accordingly, it's very important that you seek the advice of a qualified Mercer County, New Jersey tax attorney if you have any type of issue involving local taxes.