Tax toolkit: Valuation allowances, weighing the evidence

PwC's accounting podcast · May 31, 2022 · 46m · transcript

In our Toolkit podcast series, we are taking a deep dive into one accounting topic each month that goes beyond the basics and into areas that require judgment. This month, we are covering income taxes–an area that generates numerous technical questions.

In this episode, Heather Horn was joined by Jenn Spang and Matt McCann, partners in PwC’s National Office, to discuss valuation allowances, an often challenging topic that contains multiple decision points and requires ongoing evaluation.

In this episode, you will hear:

2:02 - The definition of a valuation allowance

4:28 - An overview of the…