The Present Tense talks about "now", the present. The present tense can be translated in three different ways:
Hablar en la forma YO = Yo hablo = I speak. I do speak. I am speaking.
Ver en la forma USTEDES = Ustedes ven = You all see. You all do see. You all are seeing.
Vivir en la forma ELLA = Ella vive = She lives. She does live. She is living.
The following websites have explanations for conjugating and using the present tense.
Yepes Spanish Grammar Manual - Unit 2: Subject Pronouns, Conjugation, Present Indicative, Irregular Verbs
La página de Acceso Gramática: el presente del indicativo también tiene un repaso del presente.