Tax Lawyers in Franklin Park
Taxes in Franklin Park, Pennsylvania are collected out of necessity. They pay for basic public services, which many of us take for granted.
In Franklin Park, Pennsylvania, taxes can come from many different sources. However, they are always collected at a rate that has been set by the law. Taxes sometimes come in the form of flat fees, but most of them are collected as a percentage of some larger amount of money, such as the value of a piece of property, or income.
Residents of Franklin Park 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 Franklin Park, Pennsylvania
There are a considerable number of different sources of tax revenue in Franklin Park, Pennsylvania. They include, among many others, sales tax, licensing fees, and road tolls.
Sales Tax: The sales tax imposed by Franklin Park 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: Franklin Park issues licenses that are required to legally engage in specific activities. Most frequently, the purpose of these licenses is to raise revenue in the form of fees, making them similar to taxes. One of the most typical is the business license, which most businesses must obtain before operating.
Bridge/Road Tolls: Most major cities charge a toll to enter them via major roads or bridges. These fees are meant to pay for the upkeep of general public infrastructure in Franklin Park, by imposing a tax on visitors to it. In theory, this means that people who visit the city are required to contribute to the upkeep of the infrastructure that they will be using while present there.
How Can a Franklin Park, Pennsylvania Tax Attorney Help?
Tax Law in Franklin Park, Pennsylvania is sometimes simple. More often than not, however, some wrinkle appears that makes determining one's tax liability more confusing 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.
Accordingly, it's very important that you seek the advice of a knowledgeable Franklin Park, Pennsylvania tax attorney if you have any type of issue involving local taxes.