# Question $13$:

Under U$.$S$.$ GAAP, what is the primary objective of accounting for income taxes?

A$)$ To report tax liabilities accurately on the balance sheet.

B$)$ To recognize deferred tax assets and liabilities based on temporary differences between book and tax income.

C$)$ To minimize tax obligations through accounting practices.

D$)$ To provide detailed disclosures about tax rates and regulations.