Insights

We are proud to be named a West Coast Regional Leader for 2025

< Back to Insights and Resources

Accounting For Income Taxes – Uncertain Tax Positions

ARTICLE | December 14, 2025

Authored by RSM US LLP


This Financial Reporting Insights is intended to be used as a resource in understanding and analyzing the accounting for uncertainty in income taxes recognized in an entity’s financial statements. It describes the unit of account, recognition threshold and measurement attribute(s) of a tax position taken or expected to be taken in a tax return. It also addresses how to account for changes in judgment, interest and penalties, and the related disclosure requirements for uncertain tax positions.

This publication does not address every aspect of accounting for income taxes and should therefore be read in conjunction with the FASB Accounting Standards Codification (ASC) 740, Income Taxes.

Please connect with your advisor if you have any questions about this article.

Let’s Talk!

You can call us at +1 213.873.1700, email us at solutions@vasquezcpa.com or fill out the form below and we’ll contact you to discuss your specific situation.

Required fields are marked with an asterisk (*)

Service(s) of interest*

Audit

Tax

Accounting

Bookkeeping

Business Consulting

Other

  • Should be Empty:

    • Source: RSM US LLP.
    Reprinted with permission from RSM US LLP.
    © 2024 RSM US LLP. All rights reserved. https://rsmus.com/insights/financial-reporting/uncertain-tax-positions.html

    RSM US LLP is a limited liability partnership and the U.S. member firm of RSM International, a global network of independent assurance, tax and consulting firms. The member firms of RSM International collaborate to provide services to global clients, but are separate and distinct legal entities that cannot obligate each other. Each member firm is responsible only for its own acts and omissions, and not those of any other party. Visit rsmus.com/about for more information regarding RSM US LLP and RSM International.

    The information contained herein is general in nature and based on authorities that are subject to change. RSM US LLP guarantees neither the accuracy nor completeness of any information and is not responsible for any errors or omissions, or for results obtained by others as a result of reliance upon such information. RSM US LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect information contained herein. This publication does not, and is not intended to, provide legal, tax or accounting advice, and readers should consult their tax advisors concerning the application of tax laws to their particular situations. This analysis is not tax advice and is not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer.

    Vasquez + Company LLP has over 55 years of experience performing audit, tax, accounting, and consulting services for nonprofit organizations, governmental entities, and private companies. We are ranked among the top 1% of accounting firms by the AICPA and deliver tailored solutions that meet the unique needs of each client.

    For more information on how Vasquez can assist you, please email solutions@vasquezcpa.com or call +1.213.873.1700.

    Subscribe to receive important updates from our Insights and Resources.

    • Should be Empty: