When it comes to a company’s taxes, there are two important categories to understand: assets and liabilities. Tax liability is anything that a person or company owes taxes on, such as income or ...

A deferred tax asset is usually an item on a company's balance sheet that was created by the early payment or overpayment of taxes. They are financial assets that can be redeemed in the future to ...

Discover how tax liabilities are reflected in balance sheets, income, and cash flow statements. Learn about deferred tax ...

This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. Reported earnings don’t tell the whole story of a company’s profits. They are based on ...

As the nation’s biggest telephone company, Verizon Communications Inc. has wrestled with growing competition from cable operators, a slowdown in its conventional land-line business, costly network ...

NEW YORK--(BUSINESS WIRE)--InfraCap MLP ETF (NYSE Arca: AMZA or the “Fund”) has modified the estimate of the Fund’s deferred tax liability based on information reported by the Master Limited ...

Berkshire Hathaway Inc. has a massive $63.2 billion deferred tax liability that Warren Buffett has equated to an interest-free loan from the U.S. government. Buffett watchers will often point to ...

How to make sense of those weird tax items. Earlier this week, we looked at deferred tax assets. Today, we'll look at the liabilities. As noted in my previous article, deferred taxes exist because ...

Deferred revenue, also known as unearned revenue, is income received by a business for goods or services not yet rendered. Although revenue is considered an asset (cash is always an asset), deferred ...

Your article was successfully shared with the contacts you provided. American national debt held steady, in the $2-3 trillion range, for three decades until the early 1980s. It began to rise rapidly ...

This report is one of a series on the adjustments we make to GAAP data so we can measure shareholder value accurately. This report focuses on an adjustment we make to our calculation of economic book ...