EPISODE · Mar 16, 2022 · 35 MIN
Have your Cake and Eat it too? Why Tax Accounting and Financial Accounting are Different.
from Tax Chats · host Dyreng and Hoopes
Send us Fan MailIn this episode, Scott and Jeff discuss why financial accounting rules and tax accounting rules are different. They give some examples. They talk about some firms that have reported very high income while also paying very low taxes. They also talk about how the opposite happens, but doesn't get much media attention.
What this episode covers
Send us Fan Mail In this episode, Scott and Jeff discuss why financial accounting rules and tax accounting rules are different. They give some examples. They talk about some firms that have reported very high income while also paying very low taxes. They also talk about how the opposite happens, but doesn't get much media attention.
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Have your Cake and Eat it too? Why Tax Accounting and Financial Accounting are Different.
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