In the study, the characteristics of income tax, corporate tax and value added tax, which have an effect on business earnings, were examined in detail and the effects of taxes on accounting and their consequences on businesses were evaluated. In addition, how taxes are tracked in accounting records and accrual processes are examined in detail. The role of corporate tax on business profits, the financial obligations of income tax on individuals, and the role of value added tax on forward sales of goods and services are interpreted in detail. At the same time, present value and fair value calculations were made and the importance of these calculations for businesses was mentioned. In this study, accounting information and taxes obtained as a result of the activities of the enterprises were analyzed in detail from both theoretical and practical aspects. Suggestions were made regarding the need to expand accounting standards for the development of the Turkish tax system and to facilitate the compliance processes of businesses with tax policies.