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What is Taproot?
How do I know a Bitcoin address is a Taproot address?
Wallets that support Taproot
Create Taproot address for your Bitcoin
Can you receive or send your Bitcoin with Taproot address
Reference

What is Taproot?
Taproot is a softfork that makes Bitcoin transactions more private, scalable and opens to smart contract functionality. With Taproot (P2TR) transaction, you will save more transaction fee as size of transaction will be smaller.

Transaction fee saving can be like this

With Legacy address (1): most expensive
With Nested Segwit address (3): medium saving
With Native Segwit address (bc1q): average saving
With Taproot address (bc1p): most saving

How do I know a Bitcoin address is a Taproot address?
Bitcoin Taproot address (bech32m) starts with bc1p. It is a little different than Native Segwit address (bech32) that begins with bc1q. Remember the minor difference with p for Taproot and q for Segwit.

Other address types

Legacy (P2PKH): starts with a 1.
Nested SegWit (P2SH): starts with a 3.
Native SegWit (bech32): starts with bc1q.
Taproot (P2TR): starts with bc1p.

Short Bitcoin Taproot explainer

Wallets that support Taproot
Check in Bech32 adoption

Software wallets

Hardware wallets

Web wallets

Exchanges

Payment processors

Block explorers, Mining pools, please get details in Bech32 adoption

Create Taproot address for your Bitcoin
There are some non-custodial wallets that support Taproot.

Create Taproot address for your Bitcoin

Can you receive or send your Bitcoin with Taproot address

Receiving: you can use any Bitcoin address type to receive Bitcoin from any other Bitcoin address type.
Sending: it depends on your wallet software, exchange, platform. If they support to send Bitcoin to Native Segwit (Bech32, start with bc1q) or Taproot (Bech32m, start with bc1p), you will be able to send your Bitcoin to these address types. If they don't support it, you can not make such sending. Their softwares will reject your withdrawal request.

Reference

Taproot - The biggest upgrade for Bitcoin since 2017 & documents to read.
[LIST] Wallets supporting Taproot