Taxes are how we pay for things like roads, schools, and emergency services. They’re mandatory contributions that governments collect to fund public services and infrastructure. Understanding taxes is essential for financial planning and understanding how your money is used to help your community.
If you live or operate a business in Monmouth County, New Jersey, it’s especially important to understand the local tax landscape. The taxes in Monmouth directly impact residents and businesses alike. This article will give you a quick overview of property taxes, income taxes, and sales taxes in Monmouth County, and point you to resources where you can find more information.