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A few years ago the idea of writing and submitting paperless statements might have seemed a bit funny. We knew we were saving trees, we knew paperless statements were more secure, but what did we have to be scared of? After all, in the world today where identity theft is such an everyday occurrence, isn't it about time to start trusting ourselves a little more? What if a paperless statement actually turned out to be a good thing? If this sounds like you, then now might be the time to consider the many benefits that come with a paperless statement.

When you prepare your yearly financial statement, you are usually required to fill out a form about your business with the IRS. In most cases this can be a lengthy process that requires lots of phone calls back and forth with your accountant. This makes the financial statement preparation itself seem like a huge hassle. If there was a way to eliminate the need to prepare such paperwork you would probably find it very beneficial to your business.

One way this could be accomplished is through a financial statement template. These templates would allow you to quickly and easily fill out your information. It would take away much of the guesswork that comes with trying to get your statements ready each year. There is no doubt that these templates will save you significant amounts of time and make your job easier. This will go a long way towards ensuring that your tax return is prepared correctly and therefore minimize any costly mistakes at the end.

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The second benefit would be the fact that your financial statements will be submitted in the most secure manner possible. Many businesses that have made the switch to a paperless statement have seen a drastic decrease in fraudulent activity. While the numbers may not seem all that significant, there is still something to be said for the security of your statements. You would not submit your statements to anyone but yourself. You are sure to have a very difficult time with identity theft if it does take place. If you want to be extra careful, then you can always choose to have a shredder delivered to your home so that your statements are safe from prying eyes.

As you can see, there are many reasons why you might want to consider having your financial statements prepared without using a paper option. This is not to say that you should not use a paper option in order to prepare your statements. However, if you are an organization that wants to really protect its integrity, then going paperless is a good idea. Remember, by going with a financial statement template you will have eliminated a huge amount of stress that comes along with preparing your own statements. This will also decrease the risk of any fraudulent activity reducing your tax liability significantly.

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Once you have decided to discover paperless statements, you will now need to find a template that you can use. There are a lot of options to choose from so you will want to be sure to pick a reputable source. This will ensure that you get a quality product and that you do not end up wasting money or time on a product that will not do what you want it to do.

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