Understanding LIFO Accounting for the Food and Beverage Industry Podcast
Recently, our Vice President Bob Richardson joined EisnerAmper’s podcast to discuss LIFO. Along with Richard Colloca (Audit Partner + National Food and Beverage Practice Leader, member of the firm’s Manufacturing and Distribution Group as well as a member of the firm’s Profession Practice Group providing audit, accounting, tax and business consulting services to clients) and […]
View full articleJanuary 2023 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released January 2023 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products decreased 1.5% in the last month and increased 23.2% in the last twelve months Processed foods + feeds decreased 1.0% from December 2022 and rose 9.7% since January […]
View full articleJanuary 2023 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released January 2023 Consumer Price Indexes (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items decreased by 0.1% in the last month and rose 6.4% in the last twelve months All items, less energy, increased 0.3% from December 2022 and rose 6.4% […]
View full articleDecember 2022 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released December 2022 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products decreased 1.5% in the last month and rose 23.2% in the last twelve months Processed foods + feeds decreased 1.0% from November 2022 and increased 9.7% since December […]
View full articleDecember 2022 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released December 2022 Consumer Price Indexes (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose .2% in the last month and increased 8.2% in the last twelve months Food at home rose 0.6% from November and increased by 13.0% since December […]
View full articleTop LIFO Tips & Tax Savings Strategies for 2022
This blog explores the top ten LIFO tips & tax savings strategies for 2022, broken down by opportunities for companies + CPA firms. Feel free to schedule a free call or online meeting with us to take a deeper dive as to how these can benefit you + receive a complimentary analysis from the LIFO […]
View full articleNovember 2022 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released November 2022 Consumer Price Indexes (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 8.2% in the last twelve months Food at home increased 0.6% from October 2022 and rose 13.0% since November […]
View full articleNovember 2022 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released November 2022 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products increased 6.8% in the last month and rose 29.6% in the last twelve months Processed foods + feeds rose 1.3% from October 2022 and increased 11.0% since November […]
View full articleOctober 2022 PPI Release Highlights
The Bureau of Labor Statistics (BLS) released October 2022 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products increased 0.1% in the last month and rose by 26.7% in the last twelve months Processed foods + feeds decreased 0.8% since September 2022 and increased 9.5% from […]
View full articleOctober 2022 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released October 2022 Consumer Price Indexes (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items increased 0.2% in the last month and rose by 8.2% in the last twelve months Food at home rose 0.6% from September 2022 and increased 13.0% since […]
View full article2022 Updated PPI Table 9 Category Name File Released
LIFOPro has completed the annual updates to the Excel file used by LIFOPro clients for populating BLS PPI Table 9 category names via VLOOKUP formulas in their inventory detail files. LIFOPro clients should use the email received containing the Complete Table 9 PPI Category Name file download link to obtain the updated file (feel free […]
View full articleSeptember 2022 CPI Release Highlights
The Bureau of Labor Statistics (BLS) released September 2022 Consumer Price Indexes (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.2% in the last month & increased 8.2% in the last twelve months Food at home increased by 0.6% from August 2022 and rose 13.0% since […]
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