Legal Forms With Guides To Keep You on the Right Path. Immediate download. Plus Paper Version Included. Free Shipping.

You are here: Information Center >> Taxes and Audits >> Introduction


Both individuals and corporations must pay federal taxes on income and earnings. These taxes are the primary source of revenue for the federal government, with personal income taxes producing the bulk of the revenues. States rely mostly on sales and income taxes. Property taxes are the main source of revenue for local governments.