September 2025 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released September 2025 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.3% in the last month and increased 3.0% in the last twelve months Food at home increased 0.5% change from August and rose 2.7% since September […]
View full articleChanges Made by the BLS in PPI Table 9 Commodity Codes in 2025
Information About Changes Made by the BLS in PPI Table 9 Commodity Codes in 2025 In the fall of each year, we notify clients of changes made by the BLS during the past year, we notify clients of changes made by the BLS during the past year to add, discontinue or recode (PPI code not […]
View full articleAugust 2025 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released August 2025 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.3% in the last month and increased 2.9% in the last twelve months Food at home increased 0.4% change from July and rose 3.2% since August […]
View full articleAugust 2025 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released August 2025 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products fell 1.5% in the last month and rose 9.8% in the last twelve months Processed foods + feeds increased 0.7% from July and rose 4.5% since August 2024 […]
View full articlePotential Impact of IEEPA Tariffs Court Ruling on 2025 LIFO Tax Benefits
With ongoing uncertainty surrounding tariffs, we wanted to lay out the potential impacts of the court ruling on IEEPA tariffs and how that is related to LIFO. In this blog, we are breaking down the tariff statutory authorities, tariff rates & revenues by statutory authority, how LIFO tax benefits are created, the August 2025 federal […]
View full articleLIFO Related Update to IRS Form 1125-A
If your business uses the LIFO method for inventory, there’s a small but important change to Form 1125-A this year. In the past, you only had to report your closing LIFO inventory on line 9d. Starting with the 2024 version of the form, line 9d has been split into two parts. Line 9d(i) still asks […]
View full articleJuly 2025 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released July 2025 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products rose 2.3% in the last month and rose 7.8% in the last twelve months Processed foods + feeds saw no change from June and increased 3.6% since July […]
View full articleJuly 2025 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released July 2025 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.2% in the last month and increased 2.7% in the last twelve months Food at home increased 0.1% change from June and rose 2.2% since […]
View full articleJune 2025 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released June 2025 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products rose 0.8% in the last month and rose 4.0% in the last twelve months Processed foods + feeds rose 0.7% from May and increased 4.3% since June 2024 […]
View full articleJune 2025 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released June 2025 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.3% in the last month and increased 2.7% in the last twelve months Food at home increased 0.2% change from May and rose 2.4% since June […]
View full articleMay 2025 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released May 2025 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products rose 0.2% in the last month and rose 4.9% in the last twelve months Processed foods + feeds rose 0.6% from April and increased 3.5% since May 2024 […]
View full articleMay 2025 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released May 2025 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.2% in the last month and increased 2.4% in the last twelve months Food at home increased 0.2% change from April and rose 2.2% since May […]
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