Tax Lawyers in Charleston
Taxes in Charleston, South Carolina are collected out of necessity. They pay for basic public services, which most of us take for granted.
In Charleston, South Carolina, taxes can come from numerous 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 Charleston is mandatory. The law states it. So, if you don't pay your taxes, with extremely few exceptions, you are guilty of a crime, and will be punished accordingly.
Sources of Tax Dollars in Charleston, South Carolina
Numerous different things can be taxed in Charleston, South Carolina. This is meant to ensure that there is a wide range of sources of tax revenue, and that the government does not have to rely too heavily on any one revenue stream that could dry up. For instance, local governments collect revenue from sales taxes, licensing fees, as bridge tolls, among several other things.
Sales Tax: In Charleston, there may be a sales tax on top of the sales tax imposed by the government of . City sales taxes are typically pretty small, typically in the range of one percent or less, as opposed to the 5-7% sales taxes imposed by most states.
Licensing Fees: The government of Charleston 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: 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 everybody who drives into Charleston via public infrastructure. This means that everyone who visits is obligated to make at least a small contribution to the government services they'll be using while there.
How Can a Charleston, South Carolina Tax Attorney Help?
Tax Law in Charleston, South Carolina is not simple. Taxes are imposed on a wide range of activities, and the manner in which they're calculated can be very complicated. Moreover, there are usually special tax breaks or exemptions that may or may not apply to you.
Thus, it's imperative that you obtain the counsel of a qualified tax lawyer in Charleston, South Carolina if you think that you might need help with your local taxes.