accountant, accounting principles, accounting system and income tax

What is a provision for income tax and how do you calculate it?

ThomsonReuters

SEPTEMBER 2, 2021

Simply put, a tax provision is the estimated amount of income tax that a company is legally expected to pay to the IRS for the current year. A tax provision is just one type of provision that corporate finance departments set aside to cover a probable future expense. Current income tax expense.

income tax

income tax Tax corporation tax accounting and finance

[07/11/21] The Sad State of Accounting

Baruch Lev

JULY 11, 2021

The Wall Street Journal reported (July 1, 2021) that the International Accounting Standards Board (IASB), the accounting body that sets the financial reporting rules of public companies in more than 140 jurisdictions ? So EDGAR, with advanced search capabilities is a major go to source for investors interested in accounting data.

Account

Account accountant accounted international accounting standards

Accountant Advocate

What is a provision for income tax and how do you calculate it?

[07/11/21] The Sad State of Accounting

Webinars

Stay Connected