SMART’s insurance tax experts have extensive experience in dealing with GAAP (FAS 109) and statutory (SSAP #10) analysis and calculations of income tax provisions. We can assist you in identifying temporary/permanent differences, analyze your deferred income tax account, determine and review your valuation allowance as well as the admissibility of deferred tax assets, and projections based on financial statement forecasts. We can also help you navigate the unchartered waters of new GAAP Uncertain Tax Position (“UTP”) guidance.