Tax Lawyers in New Paltz

New Paltz, New York 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 New Paltz, New York, taxes are derived from various sources. Regardless of where a particular tax comes from, it is always collected in an amount dictated by law. Most often, taxes are calculated as a percentage of income, sales, or property value. Sometimes, normally in the context of licensing fees or car registration fees, taxes are set at a flat rate.

Residents of New Paltz 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 New Paltz, New York

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

Sales Tax: The sales tax imposed by New Paltz 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: In New Paltz, licenses are required to engage in many different activities, or at least to do so legally. The most prevalent 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 gathering revenue, and therefore serve the same purpose as taxes.

Bridge/Road Tolls: Some larger cities have tolls set up on every major highway that enters the city. Effectively, this amounts to a fee that you have to pay in order to enter New Paltz, 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 New Paltz, New York Tax Attorney Help?

Tax Law in New Paltz, New York is sometimes simple. More often than not, however, some wrinkle appears that makes determining one's tax liability more convoluted than it probably needs to be. Additionally, many individuals and groups are legally entitled to tax breaks and deductions, which can make figuring out one's tax liability even more difficult.

If you have any legal issues with your taxes, you should pursue legal advice from a skilled and reputable tax attorney in New Paltz, New York.