Deferred tax asset

In accounting, deferred tax asset means future tax savings from deductible temporary differences and carryforwards, measured at enacted rates.

Layer: Lexicon
Defined in: Lexicon
Also called: DTA
Nearby: 4

Authority

This definition follows ASC 740-10-30-5.

Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.

For founders

The same idea written for a founder: what it costs a startup that ignores it, and what to do in a real month.

Net operating lossA tax loss: deductions larger than income for the year. A federal loss from a tax year beginning after 2017 carries forward with no expiry and can offset up to 80% of taxable income in a later year.

What it is not called

Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.

tax refund receivable

Nearby in the catalog

No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.