The checklists were prepared and annotated by Rick Olson, CPA, of LarsonAllen LLP, CPAs, Consultants & Advisors. An integrated checklist presents basic steps that comprise the income tax provision process. The following checklists are utilized together in the income tax provision process (and are available as stand-alone checklists) to ensure that the income tax provision is complete and accurate.
Identify and collect all relevant information:
Review and analyze information and calculate the income tax provision:
Income tax provisions are complete and accurate:
Financial statement reporting of income taxes and related disclosures:
Documentation memos prepared by Mr. Olson document conclusions with respect to:
Corporate Income Tax Provision Checklists also contains sample SEC filings from Forms 10-K and 10-Q and sample SEC comment letters redacted to focus solely on income tax provision issues.