A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation.
Governments primarily obtain their funding through taxes, which are levied on both citizens and companies. Individual taxpayers in the US are often required to submit and pay both federal and state tax returns each year. Businesses must also submit yearly returns, although they often budget for and make scheduled anticipated tax payments all year long.
A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation.
Governments primarily obtain their funding through taxes, which are levied on both citizens and companies.
Annual income tax obligations varies for people and businesses.
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