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Find the x-values (if any) at which is not continuous.
Deferred Tax Asset
An accounting item that refers to a situation where a business has paid more taxes in advance than its current tax liability, or has carryover of losses that can be used to lower future tax payments.
Year-end Deferred Income Taxes
Taxes on income that is earned in one accounting period but not paid until another, resulting from timing differences between accounting recognition and the tax laws.
Net Operating Loss
A period when a company's allowable tax deductions exceed its taxable income, potentially reducing future taxable income.
Deferred Income Taxes
Taxes that are payable in a future period due to temporary differences between financial accounting and tax reporting.
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