Question

List seven organisational policies and procedures that would relate to the preparation of tax documentation for individual taxpayers

Answer 1

The seven policies and procedures that would relate to the preparation of tax documentation for individual tax payers are following:

1) choose a preparer.

2) gather information returns.

3) get your receipts together.

4) gather records for charitable contributions.

5) find out most tax law changes.

6) make a list of personal information.

7) decide whether to ask for a filing extension.