Question: Read the whole thing before you startUse draw.io to create a one - page BPMN model of how to prepare a tax return. Export the

Read the whole thing before you startUse draw.io to create a one-page BPMN model of how to prepare a tax return. Export the model to aone-page PDF file. Submit this file to the assignment in Blackboard.Pools and lanes: This model should have 3 pools (one for you, one for the IRS, and one for thebank). The process model should be drawn in your pool use your own name on the pool. Donot include any lanes. Make sure to include message flows between the different pools.
Page 2 of 2Process: Each year, before April 15, you prepare and file your income taxes. You collect your W-2and 1099 documents. You download multiple required forms from the IRS website. You fill outthe forms, double-check your work, print the forms out on paper, and then sign them. If you owemoney, you write a check and then mail the forms and the check to the IRS. If you do not owemoney, you mail the forms and wait for your refund check. When you get the refund in the mail,you take it to the bank and deposit it in your account.Additional information: Sometimes you file your taxes electronically, and other times you file bymail. If you file electronically, you prepare your return using cloud-based software. You answerthe questions, and the tax software prepares the tax return for you. Once youve double checkedyour work, you enter your checking account details and file your return electronically. When youowe money, the IRS automatically deducts the amount from your checking account in 7 days. Ifyou are getting a refund, the IRS will deposit it directly into your checking accounting in 2 weeks

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f