Question
When a company records a deferred tax asset, it may need to also report a valuation allowance if it is more likely than not that
When a company records a deferred tax asset, it may need to also report a valuation allowance if it is "more likely than not" that some portion or all of the deferred tax asset will not be realized.Concisely describe the guidelines, then find a company 10K (you may go to investor relations at a company's website, or you may usewww.sec.gov) that includes a note to its financial statements regarding deferred tax assets valuation and use this as a brief example in your case.Please include a copy of this company's income taxes footnote as an appendix to your case.
I got the first part. I need to find a company 10k.
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