Income Taxes

Roadmap
Income Taxes (December 2025)

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This Roadmap provides Deloitte’s insights into and interpretations of the accounting for income taxes under ASC 740. The income tax accounting framework has been in place for many years; however, views on the application of that framework to current transactions continue to evolve because structures and tax laws are continually changing. Therefore, while the Roadmap is intended to be a helpful resource, it is not a substitute for consultation with Deloitte professionals on complex income tax accounting questions or transactions.

To help users prepare the income tax provision, chapters of the Roadmap typically start with a brief introduction and include excerpts from ASC 740 or related guidance, Deloitte’s interpretations of those excerpts, and examples to illustrate the relevant guidance. The 2025 edition contains updated guidance, examples, and editorial enhancements, including discussions of the new tax legislation and requirements related to the adoption of ASU 2023-09.

Also available is the latest edition of Deloitte’s On the Radar: Income Taxes, which offers a high-level summary of accounting and financial reporting considerations related to the income tax accounting guidance in ASC 740.

Be sure to check out other titles in Deloitte’s Roadmap series, our comprehensive, easy-to-understand collection of accounting guides on selected topics of broad interest to the financial reporting community.

The FASB Accounting Standards Codification® material is copyrighted by the Financial Accounting Foundation, 401 Merritt 7, PO Box 5116, Norwalk, CT 06856-5116, and is reproduced with permission.

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