Tax workstream
A group of related tax-close requirements that advances independently, such as information returns or income tax.
In Solo Superstars
Each workstream has its own progress, blockers and revision. Finishing 1099 work does not falsely imply that the income-tax return is ready.
Example
Information returns: 100% and handed off. Income tax: 75%, waiting for the year-end books archive.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- workstream
- tax track
Related
- Tax close — The controlled process of resolving tax requirements, freezing the prepared facts and handing an approved package to the filer.
- Information return — A form that reports payments or other tax facts to a tax authority and recipient without calculating the business income-tax return.
- Tax requirement — One trackable item in a tax workstream, with an owner, status, evidence and any blocking reason.