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(1) What are the advantages for a corporation of a Consolidated Tax Return? (2) What...

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Accounting

(1) What are the advantages for a corporation of a Consolidated Tax Return?

(2) What are the disadvantages for a corporation of a Consolidated Tax Return?

(3) Which FASB is the primary source of GAAP for Income Taxes?

(4) Which are the FASB, APB, etc. which address Income Taxes for the accounting profession?

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