AICPA Recommends Changes to Proposed IRS LIFO Regulations

The AICPA submitted a letter to the IRS on May 21st detailing change recommendations to the proposed IRS IPIC LIFO pooling regulations.

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May 25, 2018
By: Bob Richardson
April 2018 CPI Highlights

The Bureau of Labor Statistics (BLS) released April 2018 Consumer Price Indexes (CPI) today.

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May 10, 2018
By: Bob Richardson
April ’18 PPI Highlights

The Bureau of Labor Statistics (BLS) released April 2018 Producer Price Indexes (PPI) today.

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May 9, 2018
By: Bob Richardson
March ’18 CPI Highlights

The Bureau of Labor Statistics (BLS) released March 2018 Consumer Price Indexes (CPI) today. Shown below are historical inflation rates through March 2018 for selected CPI categories.

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April 11, 2018
By: Bob Richardson
March ’18 PPI Highlights

The Bureau of Labor Statistics (BLS) released March 2018 Producer Price Indexes (PPI) today.

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April 10, 2018
By: Bob Richardson
February ’18 PPI Highlights

The Bureau of Labor Statistics (BLS) released February 2018 Producer Price Indexes (PPI) today.

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March 14, 2018
By: Bob Richardson
February ’18 CPI Highlights

The Bureau of Labor Statistics (BLS) released February 2018 Consumer Price Indexes (CPI) today. Shown below are historical inflation rates through February 2018 for selected CPI categories.

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March 13, 2018
By: Bob Richardson
January ’18 PPI Highlights

The Bureau of Labor Statistics (BLS) released January 2018 Producer Price Indexes (PPI) today.

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February 15, 2018
By: Bob Richardson
January ’18 CPI Highlights

The Bureau of Labor Statistics (BLS) released January 2018 Consumer Price Indexes (CPI) today. Shown below are historical inflation rates through January 2018 for selected CPI categories.

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February 14, 2018
By: Bob Richardson
December 2017 CPI Highlights

The Bureau of Labor Statistics (BLS) released December 2017 Consumer Price Indexes (CPI) today. Shown below are historical inflation rates through December 2017 for selected CPI categories.

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January 15, 2018
By: Bob Richardson
December 17 PPI Highlights

Get the latest updates on commodity inflation trends with PPI release updates from LIFO-PRO’s BLS Blog Page, including historical inflation averages & top 10 monthly gainers!

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January 11, 2018
By: Bob Richardson
IPIC LIFO Method Advantages

For most large supermarket chains the advantage of using CPI vs. internal indexes has been substantial.

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December 20, 2017
By: Bob Richardson