A Practical Guide to Schedule M-3 Compliance.

• Author: Fink, Philip R.
• Position: Brief article - Book review

Practical Guide to Schedule M-3 Compliance, by John O. Everett, Cherie Hennig and William A. Raabe (CCH, 2006), provides helpful guidance for filing the two major book-tax reconciliation schedules for corporations, Schedules M-1, Reconciliation of Income (Loss) per Books With Income per Return, and M-3, Net Income (Loss) Reconciliation for Corporations With Total Assets of $10 Million or More. The book explains and illustrates the compliance program requiring corporations and other entities to file complex schedules that reconcile taxable income with income as reported on financial...