These questions pertain to temporary differences regarding IRS Code vs GAAP. If you subtract an expense on the ITAX statement before you subtract it on the Income Statement If you subtract an expense on the ITAX statement after you subtract it on the Income Statement If you include Revenue on the ITAX statement before you include it on the Income Statement If you include Revenue on the ITAX statement after you include it on the Income Statement Taxes/P will be Deferred tax asset now or liability Taxes/P will be > now Taxes/P will be now Deferred tax asset or liability Deferred tax asset or liability Taxes/P will be Deferred tax asset now or liability