When referring to the process of levying taxes on citizens, "taxation" often means that money is being collected by a central taxing body, most typically the federal government. Tax accounting is a collection of several accounting processes that all revolve on filing and paying taxes. Because of the increasing importance of information technology, there is now a greater need for openness in business. Companies and individuals are under additional pressure to complete accurate tax filings. The US accounting assignment help will handle everything for you.