Tax Lawyers in Providence County
Taxes in Providence County, Rhode Island are collected out of necessity. They pay for basic public services, which many of us take for granted.
In Providence County, Rhode Island, taxes can come from several 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.
In case you were wondering, paying your taxes in Providence County is mandatory. The law requires it. So, if you don't pay your taxes, with very few exceptions, you are guilty of a crime, and will be punished accordingly.
Sources of Tax Dollars in Providence County, Rhode Island
There are a considerable number of different sources of tax revenue in Providence County, Rhode Island. They include, among many others, sales tax, licensing fees, and road tolls.
Sales Tax: In Providence County, the sales tax is a tax that's added to the price of goods at the point of sale. Typically, you have to pay a city sales tax on top of whatever sales tax is levied by . Normally, the local sales tax is much smaller than the state tax, which is typically in the area of 5-8%, with the city tax most often being less than one percent.
Licensing Fees: The city of Providence County may require business owners to acquire 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: Most large cities in the U.S. charge fees, or tolls, on automobiles entering the city via public bridges and highways. This money is, more or less, a tax on everyone who drives into Providence County via public infrastructure. This means that everyone who visits is required to make at least a small contribution to the government services they'll be using while there.
How Can a Providence County, Rhode Island Tax Attorney Help?
In Providence County, Rhode Island, many different laws and regulations govern taxes, making the theoretically simple task of determining one's tax liability pretty convoluted. On top of that, there are many different breaks and exemptions that apply to specific types of groups and individuals, further complicating things.
Accordingly, it's very important that you seek the advice of a knowledgeable Providence County, Rhode Island tax attorney if you have any type of issue involving local taxes.