Understanding deferred tax assets and liabilities | Run your business
7.2 هزار بار بازدید -
3 سال پیش
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Learn more about deferred tax
Learn more about deferred tax assets and liabilities:
(For US-based businesses) https://intuit.me/3jE5dxv
(For Canada-based businesses) https://intuit.me/3CCHKmR
Deferred tax assets and liabilities may be terms you’ve seen added by your accountant to your small business balance sheet. They are financial items on a company’s balance sheet that exist because the income on the tax return is different than the income in the accounting records. In this video, Nayo Carter-Gray (1st Step Accounting) breaks down what they are and how to take advantage of a deferred tax asset.
00:00 - Introduction
01:08 - What are deferred tax assets and liabilities?
03:13 - Financial reporting vs. tax reporting: Understanding the difference
03:44 - Evaluating deferred tax assets and liabilities
04:04 - Making sense of deferred tax assets and liabilities
Check out more from the Run Your Business series: https://intuit.me/3yJVudx
QuickBooks Accounting: https://intuit.me/38Lu1xb
Subscribe to our YouTube channel: https://intuit.me/3bOj0M2
Visit QuickBooks.com: https://intuit.me/QBO
The world’s largest workforce works for themselves. We work for them by providing smarter business tools. QuickBooks #BackingYou.
#QuickBooks #RunYourBusiness
This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Intuit Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Intuit Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.
(For US-based businesses) https://intuit.me/3jE5dxv
(For Canada-based businesses) https://intuit.me/3CCHKmR
Deferred tax assets and liabilities may be terms you’ve seen added by your accountant to your small business balance sheet. They are financial items on a company’s balance sheet that exist because the income on the tax return is different than the income in the accounting records. In this video, Nayo Carter-Gray (1st Step Accounting) breaks down what they are and how to take advantage of a deferred tax asset.
00:00 - Introduction
01:08 - What are deferred tax assets and liabilities?
03:13 - Financial reporting vs. tax reporting: Understanding the difference
03:44 - Evaluating deferred tax assets and liabilities
04:04 - Making sense of deferred tax assets and liabilities
Check out more from the Run Your Business series: https://intuit.me/3yJVudx
QuickBooks Accounting: https://intuit.me/38Lu1xb
Subscribe to our YouTube channel: https://intuit.me/3bOj0M2
Visit QuickBooks.com: https://intuit.me/QBO
The world’s largest workforce works for themselves. We work for them by providing smarter business tools. QuickBooks #BackingYou.
#QuickBooks #RunYourBusiness
This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Intuit Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Intuit Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.
3 سال پیش
در تاریخ 1400/07/06 منتشر شده
است.
7,242
بـار بازدید شده