Discussion Post
a) What are common book-tax differences relating to accounting for capital gains and losses? Do these differences create favorable or unfavorable book-to-tax adjustments
b) Describe the annualized income method for determining a corporation's required estimated tax payments. What advantages does this method have over other methods?
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citatios.