ASC 740 Tax Provision Guide

Find answers to common technical questions and process challenges that arise when calculating your ASC 740 income tax provision.

Calculating the ASC 740 provision for income taxes can be a difficult technical challenge for tax practitioners. The market’s most powerful tax provision software provides an accurate calculation, intuitive design, and thorough footnotes. See how Bloomberg Tax Provision untangles ASC 740’s complexity.

Calculate your ASC 740 tax provision accurately and efficiently

Bloomberg Tax Provision is the most powerful ASC 740 calculation engine on the market. Our software solves the technical and process issues involved in calculating your income tax provision – taking manual risks out of the equation.

Accurate calculations

Efficiently and accurately address the entire range of complex ASC 740 technical topics – including uncertain tax benefits (UTBs), ARB 51, quarterly annual effective tax rate (AETR) calculations, robust state computations, and income tax payables.

Intuitive design

Seamlessly upload your spreadsheet workpaper data with our tax provision software to leverage the work you’re already doing in a layout that’s simple and self-explanatory.

Controlled workflow

With a full audit trail, including review features and user permissions management, you control all aspects of your tax provision process.

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