Tax Lawyers in St. Francis

Necessary services in St. Francis, Wisconsin, like roads, police, and schools, are paid for by gathering taxes from residents.

In St. Francis, Wisconsin, 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.

Residents of St. Francis 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 St. Francis, Wisconsin

A wide number of activities are subject to taxation in St. Francis, Wisconsin, 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: In St. Francis, 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 government of St. Francis 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: Many larger cities in the U.S. charge tolls to enter the city via main highways or bridges. This amounts to a tax paid for the privilege of entering St. Francis if it has such toll roads. Besides being a basic source of revenue, these tolls require visitors to the city, who will have many city services available to them while they visit, to pay at least some contribution to these services.

How Can a St. Francis, Wisconsin Tax Attorney Help?

In St. Francis, Wisconsin, 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.

Thus, if you have any questions or problems with your taxes in St. Francis, Wisconsin, it's very important to speak with a knowledgeable St. Francis tax law specialist.