Can I withdraw from Binance to my US bank account?

Could you please clarify whether it's possible to withdraw funds directly from Binance, a popular cryptocurrency exchange, into a US-based bank account? I've heard that cryptocurrency transactions can be quite complex, especially when dealing with cross-border and currency conversion issues. Would there be any specific steps or requirements that I need to fulfill in order to successfully make such a withdrawal? Are there any fees or taxes associated with this process? I'm interested in understanding the entire flow and any potential obstacles that might arise during the withdrawal process.