Tax Lawyers in Orange

Orange, New Jersey has to compile taxes from its residents in order to pay for basic services that we've come to expect, like roads and schools.

In Orange, New Jersey, there are several different sources of tax revenue. Irrespective of the source, however, taxes are always levied in amounts determined by the relevant laws. Normally, 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 Orange 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 Orange, New Jersey

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

Sales Tax: Generally cities in the U.S., as well as most states, charge a sales tax. In Orange, 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 city of Orange may require business owners to get a license from the local government before they begin operating within city limits. Typically, the main hurdle involved in obtaining one of these licenses is paying a fee to the city government. Although these payments are called "fees" as opposed to "taxes," they operate in the same way, and serve largely the same purpose, as taxes.

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 Orange 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 Orange, New Jersey Tax Attorney Help?

In Orange, New Jersey, the laws and regulations that govern the tax system are fairly complicated, 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 reliable Orange, New Jersey tax attorney if you have any type of issue involving local taxes.