Book to Tax Reconciliations

Learn more about why book to tax reconciliations matter for accurate reporting, illustrated through practical examples.

In this session, we cover:

• What is a book to tax reconciliation?

• Why do I need a book to tax reconciliation?

• What should go into a book to tax reconciliation:

  • Examples of differences between book and tax

  • How not all book to tax items are created equal

• Tracking book to tax differences via the Balance Sheet

• Tax Effect Accounting 

• Can I just make my accounting = tax?

• Practically completing a book to tax reconciliation for different structures