LIFO Updates: Discussion from LIFO Coalition’s Executive Secretariat

LIFO-PRO partners with the LIFO Coalition in any efforts geared towards preventing LIFO Repeal.

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October 29, 2015
By: Bob Richardson
Why clients choose us- LIFO-PRO Testimonials

In over twenty years of providing LIFO Software & Calculation Services, LIFO-PRO has earned the trust and loyalty needed to maintain a strong client-base. LIFO-PRO continues to be a cost leader in LIFO Calculation Services; the LIFO-PRO Software is priced at affordable rates for companies both large and small. LIFO-PRO’s commitment to our clients does not […]

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September 17, 2015
By: Bob Richardson
Business Journal Article Supports LIFO Preservation

On August 14th, 2015, the Central Penn Business Journal published an article written by Cathy Kolakowski. She is the Owner of CK Bookkeeping Services based in Lower Paxton Township, PA.

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August 17, 2015
By: Bob Richardson
Rep. Williams Resolves to Protect American Business, LIFO Method

Rep. Roger Williams (R-TX) submitted the following concurrent resolution, H.CON.RES.69, to protect the use of LIFO for American businesses.

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August 17, 2015
By: Bob Richardson
Topeka Independent Business Association Founders LIFO Article

Ken Daniels, Founder of the Topeka Independent Business Association, spoke on the subject of tax reform and the LIFO Method in a August 12th article.

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August 17, 2015
By: Bob Richardson
Volatility of PPI Table 9 code 0638-0202RX- Analgesics, prescription

There was a 28% 1 month increase in February ’14, and a 26% increase in March ’14. In May ’14, RX analgesics PPI Table 9 reported a 21% 1 month decrease.

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July 24, 2015
By: Bob Richardson
New, recoded & deleted NAICS & PPI codes made, effective July 15, 2015

The BLS released information regarding NAICS & PPI codes. See the tables for a summary of the different changes.

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July 17, 2015
By: Bob Richardson
Use of PPI Indexes by Supermarkets to Increase Tax Deferral

The use of PPI LIFO inflation for inflation measurement is a tax planning idea that can significantly increase the amount of LIFO benefits for supermarkets.

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June 16, 2014
By: Bob Richardson