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Accounting for Income Taxes — Quarterly Hot Topics: March 2014

Published on: Mar 31, 2014

The latest issue of Accounting for Income Taxes: Quarterly Hot Topics discusses several important developments and ASC 740 implications. Topics covered in this edition:

Accounting developments

  • FASB offers simplified approaches to goodwill accounting for private companies.
  • FASB removes income taxes convergence project from agenda.

Tax law developments

  • Tax law developments: Overview.
  • International: Brazil, Finland, France, Italy, Slovakia, Switzerland, and Vietnam.
  • Multistate: Michigan, New Jersey, New York, and Texas.

Looking forward

  • Camp releases comprehensive tax reform discussion draft.
  • White House releases FY 2015 budget proposal.
  • Organization for Economic Cooperation and Development (OECD) discussion draft.
  • New York State 2014–2015 budget outlines tax reform proposals.

Learn more

  • Financial reporting for taxes training.
  • FASB issued ASU 2014-01.
  • Accounting Roundup: Special Edition — Annual update on accounting for income taxes.
  • Accounting for Income Taxes — Global tax developments.
  • Example Disclosure: Accounting for income taxes.
  • Example SEC comments: Income taxes.


Related Topics

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