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Your client is implementing ASC 740 for the first time since it is the first year they are required to do so. Due to the
Your client is implementing ASC 740 for the first time since it is the first year they are required to do so. Due to the amount of time needed to prepare the tax provision, the Tax Director is proposing to disregard any federal / state differences when preparing the provision. How would you respond to your client's proposed accounting treatment? What documentation would you provide to them to make an educated decision?
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