I recorded this video to discuss how differences in depreciation expense for GAAP vs. the depreciation deduction on the tax return can lead to deferred tax liabilities. These differences arise from…
This tutorial goes over the tutorial in this Google Doc: https://docs.google.com/document/d/1H3wChEZ72VySg6Ub4E-_u5hfHfTbqeUF9Hh7JR5hh3Y/edit?usp=sharing. Note this is an older version of the…