I need help with asc740-10

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Don't we all

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What kind of help? PWC’s Income Tax Accounting Guide is a great resource!

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What are you looking for??

ChatGPT

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Second this

talk to someone that can help you

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Have you met “Tax Senior” on here?

I have not

Can help you with automation

All of the big 4 have guides on accounting for income taxes. I’m not sure which journal entry examples you’re looking for. I’m assuming that you’re looking for uncertain tax positions since you mentioned ASC 740-10? Generally the two sides of the entry are a balance sheet account (usually either a specific UTP account or current taxes payable/receivable) and current tax expense/benefit. If the reserve is paid out to the taxing authority then you debit the payable account and credit cash.

Also your firm should have trainings available for this or if you aren’t at a firm, then Becker and others offer online courses on ASC 740

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