Tax Lawyers in Scotch Plains
Scotch Plains, 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 Scotch Plains, New Jersey, there are various 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 Scotch Plains 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 Scotch Plains, New Jersey
A wide number of activities are subject to taxation in Scotch Plains, New Jersey, creating a considerable range of revenue sources. For example, cities typically impose a sales tax, charge fees for certain licenses, and collect tolls on roads and bridges.
Sales Tax: The sales tax imposed by Scotch Plains is on top of the sales tax collected by the government of . Sales taxes are typically fairly small - about 5-7% at the state level, plus a city sales tax that's typically one percent or less.
Licensing Fees: The government of Scotch Plains 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 Scotch Plains, 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 Scotch Plains, New Jersey Tax Attorney Help?
In Scotch Plains, New Jersey, many different laws and regulations govern taxes, making the theoretically simple task of determining one's tax liability pretty complicated. 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 Scotch Plains, New Jersey.