Tax Provision Basics: Return to Provision (On-Demand Webinar)

GTM Managing Director Tom Fazio hosts an ongoing series of webcasts designed to demystify the tax provision process. Using straightforward and basic examples around the provision framework, these practical, easy to follow videos give you specific ASC 740 knowledge that you can immediately implement.

Episode 3: Return to Provision Tax

This episode demonstrates how the prior year return to provision calculation effects the current and deferred tax provisions for both Federal and state.  Key emphasis focuses on determining which items effect the deferred tax rollforward schedule as well as how to treat the RTP in the current provision. The video also examines the common mistakes and pitfalls of identifying RTP items.

Register for the on-demand webinar recording below to hear Tom Fazio's return to provision basics.