Seven steps of tax preparation

Describe the following of the seven steps of tax preparation

#1 – Collaborate amongst your peers before beginning this assignment. Determine who is best-suited to address each criteria of this assignment.

Assume you are a senior partner at an accounting firm and you are asked to give a presentation to some new recruits for the upcoming tax season.

Create an 8- to 10-slide presentation that includes detailed speaker notes, visual aids and/or relevant media discussing each slide that does the following:My part is the following

  • Describe the following of the seven steps of tax preparation.

     -clients information 
     -filling in the gaps with estimates
     -formulating tax positions 

Cite your research from the text and any additional professional or regulatory guidance and format your response consistent with APA guidelines.

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