Filing of assessments typically refers to the process by which individuals or businesses submit their tax returns or financial statements to the appropriate tax authorities or regulatory bodies for review and assessment.

Here’s a general overview of the process:

1. **Preparation**: Taxpayers or businesses gather all necessary financial documents, receipts, and other relevant information needed to complete their tax returns or financial statements.

2. **Completion of Forms**: They fill out the required forms, which may vary depending on the jurisdiction and the type of taxes being filed (e.g., income tax, sales tax, corporate tax).

3. **Calculation of Taxes Owed or Refund Due**: Taxpayers calculate the amount of tax they owe based on their income, deductions, credits, and other relevant factors. Alternatively, they may determine if they are entitled to a tax refund.

4. **Review**: Taxpayers review their completed forms and calculations to ensure accuracy and compliance with tax laws and regulations.

5. **Submission**: Once the tax return or financial statements are complete and accurate, taxpayers submit them to the relevant tax authorities or regulatory bodies by the specified deadline. This can often be done electronically through online platforms or by mailing paper forms.

6. **Assessment**: After receiving the filings, tax authorities review the submitted documents to verify their accuracy and compliance with tax laws. They may conduct audits or request additional information if necessary.

7. **Issuance of Assessment Notices**: Tax authorities inform taxpayers of the results of their assessment, which may include the amount of tax owed, any penalties or interest charges, or confirmation of a tax refund.

8. **Payment or Adjustment**: Taxpayers are required to pay any taxes owed according to the assessment notices issued by the tax authorities. If there are discrepancies or disagreements with the assessment, taxpayers may have the opportunity to appeal or request adjustments through established procedures.

9. **Record Keeping**: Taxpayers are typically required to maintain records of their filed assessments, supporting documents, and correspondence with tax authorities for a specified period, as per the relevant tax laws and regulations.

Overall, filing assessments is a crucial aspect of taxation and financial reporting, ensuring compliance with applicable laws and regulations while fulfilling taxpayers’ obligations to report their income and pay taxes accurately and timely.