What are the laws regarding taxes?

The laws regarding taxes vary by jurisdiction.

In the United States, the federal government has enacted tax laws that are found in the Internal Revenue Code (IRC). States, counties, and cities may also have their own tax laws, which may be based on the federal laws or may differ from them.

Generally, all taxable income must be reported and taxes must be paid according to the applicable laws.

Some taxes may be deductible, while others may be non-deductible. It is important to understand the laws in your jurisdiction to ensure that you are in compliance with all applicable tax laws.

Additionally, it is recommended that you consult a tax professional if you have any questions or need help understanding the laws or filing your taxes.