The following Trueblood case is recommended for use with this chapter. The case provides an excellent opportunity for class discussion, group projects, and writing assignments. The case, along with Professor’s Discussion material, can be obtained from the Deloitte foundation at its website: www.deloitte.com/us/truebloodcases. 

Case 13-10: LOL – Income Taxes 

This case gives students an opportunity to better understand how valuation allowances against deferred tax assets are estimated and calculated. Students consider the sources of taxable income that can be used to determine whether a deferred tax asset is more likely than not to be realized in the future.