![](https://www.taxconnections.com/taxblog/wp-content/uploads/J-D-6.9-29.png?resize=90%2C90&ssl=1)
U.S. Business Taxpayers reporting income using IRS Form 1120S who like to drill down into the tax forms my team prepares usually tend to get a little freaky over the Accumulated Adjustment Account (AAA) reported on Schedule M-2, specifically why the entry doesn’t tie out to what their books and records show for retained earnings.
Recent Comments