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 ...

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 ...

"The passage of the tax reform legislation will have a very positive impact on our earnings stream as we move into 2018, but it required us to revalue our deferred tax asset in the fourth quarter, ...

Deferred-tax assets are created when a company's recorded income tax (what it reports in its income statement) is lower than that paid to the tax authority. It's usually a good thing to find on a ...

In office barely more than three months, President Biden is busying pitching various plans and proposals, including the largest tax increase the U.S. has seen in three decades. In fairness, the ...

Bermudian-based RenaissanceRe Holdings Ltd recorded a $593.8 million net deferred tax asset in the fourth quarter of 2023, which it says is expected to be utilised predominantly over a ten-year period ...

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 ...

Recently, a manager of a private equity fund mentioned that the seller of the business was complaining about the amount that the seller will have to pay in commissions, fees and capital gains taxes.

A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. The rule, which was created ...

While asset allocation helps you diversify your portfolio, you can further boost your net worth by using the tax-efficient strategy of asset location. Asset location refers to the strategic placement ...

On August 9, 2023, the Seventh Circuit Court of Appeals in Hoops, LP and Heisley Member, Inc., Tax Matters Partner vs. Commissioner of Internal Revenue, affirmed the Tax Court’s 2022 decision denying ...