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Paperless Tax Workflow Readiness Now Presented by: Gregory LaFollette, CPA.CITY Ed Jennings, CEO, CopanionHost Speaker / Consultant / Columnist / Author / Practitioner Greg LaFolletteEide Billy, LLP
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Paperless tax workflow readiness refers to the state of being prepared to handle tax processes electronically, without the need for physical paper documentation.
All businesses and individuals who are eligible for electronic filing of their taxes are required to file paperless tax workflow readiness.
To fill out paperless tax workflow readiness, individuals and businesses need to ensure they have the necessary electronic systems in place to handle tax processes digitally.
The purpose of paperless tax workflow readiness is to streamline the tax filing process, reduce paper waste, and improve efficiency in handling tax-related documentation.
The information reported on paperless tax workflow readiness includes income, expenses, deductions, credits, and any other relevant financial data needed for tax purposes.
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