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please follow the steps a,b 4. Consider the following narrative describing the process of preparing an income tax return: Each year before April 15, you

please follow the steps a,b image text in transcribed
4. Consider the following narrative describing the process of preparing an income tax return: Each year before April 15, you file your income taxes. You collect multiple W-2 and 1099 documents. You prepare your tax return and double-check it for accu- racy. You file your forms. Use BPMN to model the process using the following independent assumptions. Use inclu- sive gateways to model simultaneous events. a. When you prepare your tax return, you download multiple forms from the IRS web- site. You fill out the forms, double-check your work, and then print them out. If you owe money, you write a check. You mail your tax return along with the check if you owe money. If you are getting a refund, you wait to receive your refund by check and deposit your refund in your bank account. LO 2-8 b. When you prepare your tax return, you use cloud-based tax software. You answer the questions and the tax software prepares the tax return for you. Once you've double-checked your work, you enter your checking account details and file your return electronically. If you owe money, the IRS will automatically deduct the amount from your checking account in 7 days. If you are getting a refund, the IRS will deposit the refund directly into your checking account. LO 2-8 4. Consider the following narrative describing the process of preparing an income tax return: Each year before April 15, you file your income taxes. You collect multiple W-2 and 1099 documents. You prepare your tax return and double-check it for accu- racy. You file your forms. Use BPMN to model the process using the following independent assumptions. Use inclu- sive gateways to model simultaneous events. a. When you prepare your tax return, you download multiple forms from the IRS web- site. You fill out the forms, double-check your work, and then print them out. If you owe money, you write a check. You mail your tax return along with the check if you owe money. If you are getting a refund, you wait to receive your refund by check and deposit your refund in your bank account. LO 2-8 b. When you prepare your tax return, you use cloud-based tax software. You answer the questions and the tax software prepares the tax return for you. Once you've double-checked your work, you enter your checking account details and file your return electronically. If you owe money, the IRS will automatically deduct the amount from your checking account in 7 days. If you are getting a refund, the IRS will deposit the refund directly into your checking account. LO 2-8

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