Park City is a town in Summit and Wasatch counties in the U.S. state of Utah. It is one of two major resort towns in Utah, the other being Moab. It is considered to be part of the Wasatch Back. The city is 32 miles (48 km) southeast of downtown Salt Lake City and 19.88 miles (24 km) from Salt Lake City's east edge of Sugar House along Interstate 80. The population was 7,371 at the 2000 census. On average, the tourist population greatly exceeds the number of permanent residents. After a population decline following the shutdown of the area's mining industry, the city rebounded during the 1980s and 1990s through an expansion of its tourism business. The city currently brings in a yearly average of $529,800,000 to the Utah Economy as a tourist hot spot. The city has three major ski resorts: Park City Mountain Resort, Deer Valley Resort, and The Canyons Resort. The Park City and Deer Valley ski resorts were the major locations for ski and snowboarding events at the 2002 Winter Olympics. Although they receive less snow and have a shorter ski season than do their counterparts in Salt Lake County, such as Snowbird resort, they are much easier to access. Additionally the city is the main location of the United States' largest independent film festival, the Sundance Film Festival, home of the United States Ski Team, training centre for members of the Australian Freestyle Ski Team, the largest collection of factory outlet stores in northern Utah, the 2002 Olympic bobsled/skeleton/luge track at the Utah Olympic Park, and golf courses. Some scenes from 1994's Dumb and Dumber were shot in the city. Outdoor-oriented businesses such as backcountry. com and Rossignol USA have their headquarters in Park City. The city has many upscale luxury retailers, clubs, bars, and restaurants, and has nearby reservoirs, hot springs, forests, and hiking and biking trails. Park City is also the original home of the Mrs. Fields Cookies chain. In the summertime many valley residents of the Wasatch Front visit the town to escape high temperatures. Park City is usually 11°F (6°C) cooler than Salt Lake City, as it lies mostly above 7,000 feet above sea level, while Salt Lake City is situated at an altitude of about 4,000 feet. It is one of the wealthiest cities in the United States and is notable for having a large number of Northern and Central European immigrants. It is also generally thought to be the most liberal city in Utah, with supermajorities usually supporting Democratic Party candidates and issues. In 2008, Park City was named by Forbes Traveler Magazine among one of the 20 'prettiest towns' in the United States.. It continues to be published in top ski and adventure magazines across the world.

Tax Law Lawyers In Park City Utah

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What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Utah

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...