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Taxes are fees imposed by the government on income, goods and services, property, and more to fund public expenditures.
Individuals, businesses, and other entities that earn income above certain thresholds are required to file taxes.
To fill out taxes, individuals and businesses need to gather relevant financial information, complete the necessary forms, and submit them to the tax authorities.
The purpose of taxes is to fund public services and programs, redistribute wealth, and regulate the economy.
Income, deductions, credits, and other financial details must be reported on taxes.
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