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