A deferred tax asset is usually an item on a company's balance sheet that was created by the early payment or overpayment of taxes. They are financial assets that can be redeemed in the future to ...

When it comes to a company’s taxes, there are two important categories to understand: assets and liabilities. Tax liability is anything that a person or company owes taxes on, such as income or ...

NEW YORK, Nov 11 (Reuters) - A senior Citigroup Inc executive said the bank is comfortable with its valuation for an asset that one accounting expert expects to be written down. Citigroup has a ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In any case, DTA’s allow companies to reduce the amount of tax that they’ll need to pay in a later tax period.

Taxes become deferred when a company's financial accounting methods are different than the acceptable tax accounting methods. This creates a discrepancy between the general ledger and the amounts ...

As the stock market slides, more stock options and related deferred compensation instruments are “underwater,” and the related deferred tax assets may no longer be recoverable. The balance sheets and ...

WALLA WALLA, Wash., Jan. 04, 2018 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM:BANR), the parent company of Banner Bank and Islanders Bank, today announced that as a result of the Tax Cuts and ...

PARAMOUNT, Calif., March 11, 2022 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant based foods, today announced that it will restate prior ...

Provisions for bad loans and contingencies rose to ₹1,336.25 crore as against ₹942.53 crore in year-ago period (Photo: Reuters) “The bank has elected to exercise the option permitted under section ...

Deferred compensation plans allow you to offer employees income spread out over the future in exchange for their work today. Retirement plans that you contribute to on behalf of your employees are a ...