ninja1024

plain or peanut?
Thank you for your post CB1000, and to others for their helpful responses.
I HATED this reading and realized I was making a bigger issue out of it than it deserved  probably just b/c it included the word “tax”. There was much frustration at my first shot at the chapter end problems and got quite a few wrong, but reviewing the correct answers and how they came about helped to solidify these concepts for me.
The big issues: DTA vs. DTL, temporary vs. permanent differences, and valuation allowance. Get those down and move right along to the remaining finance topics, they’ll make you feel smart again.