Tax Treatment of Deferred Rent Under ASC 840 and 842

Tax Treatment of Deferred Rent Under ASC 840 and 842

What is deferred rent? What are deferred taxes? Tax expense recognized under ASC 842 Initial direct costs Deferred tax examples and journal entries: Applying to lease accounting Summary Related articles You may wonder – with the deferred rent classification...
Managing Remote Employees in Accounting Successfully

Managing Remote Employees in Accounting Successfully

This article was written in collaboration with LeaseQuery’s partner in easing the burden of lease accounting and closing the books efficiently, FloQast. Whether it’s ensuring compliance, completing an audit or closing the books at month’s end, tight deadlines are all...