Accounting for Income Taxes (Paperback) (ISBN-13: 9781642212563)

A business may issue financial statements with one profit or loss figure, while filing a tax return with a different ending result. These reporting variations are due to differences between the accounting standards and tax regulations. Accounting for Income Taxes covers the essential guidelines to be followed when dealing with temporary differences, carrybacks and carryforwards, and whether to recognize deferred tax assets and liabilities. The manual also deals with the proper accounting for tax positions, which tax-related information to disclose in the financial statements, and several related matters. In short, this manual is the essential reference for anyone accounting for income taxes.

Author: Steven M. Bragg
ISBN-10: 1642212563
ISBN-13: 9781642212563
Publisher: Accountingtools, Inc.
Language: English
Published: 05/21/2025
Pages: 30
Format: Paperback
Weight: 0.16lbs
Size: 10.00h x 7.00w x 0.06d