Examlex
If you need to copy several objects from Slide 2 in a presentation to Slide 23, you can use the New Window command to open the presentation in a second window. Then you can place that window next to the first window.
Deferred Taxes
Taxes that are incurred in one period but are not paid until a future period, often due to timing differences between accounting and tax reporting.
Taxable Entity
A business or individual that is required to pay taxes to a federal, state, or local government.
Permanent Difference
These are differences between taxable income and accounting income that originate in one period and do not reverse over time, affecting taxable income and tax liability.
Temporary Difference
A discrepancy between the tax base of an asset or liability and its carrying amount on the balance sheet that results in taxable or deductible amounts in future years.
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