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.
View full articleTopeka 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.
View full articleVolatility 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.
View full articleNew, 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.
View full articleUse 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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