Can you assist me in understanding the U.S. taxes system?
Yes, I can help you understand the U.S. tax system. The Internal Revenue Service (IRS) is responsible for administering and enforcing federal income taxes in the United States. Generally speaking, individuals must file a tax return each year to report their taxable income, deductions, credits, and other information. Businesses must also file returns to report their profits or losses and any other relevant information. Depending on your specific situation, you may be required to pay estimated taxes throughout the year. To learn more about the U.S. taxes system, I suggest visiting the IRS website at www.irs.gov.