Examples for the permanent differences between financial reporting and reporting for the IRS in taxes. Why do you think items like life insurance proceeds or included on this list? Would a company be the beneficiary? Is this list for personal and corporate tax structures? Explain

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter4: Gross Income: Concepts And Inclusions
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Examples for the permanent differences between financial reporting and reporting for the IRS in taxes. Why do you think items like life insurance proceeds or included on this list? Would a company be the beneficiary? Is this list for personal and corporate tax structures? Explain
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