October 17 PPI Highlights
On a seasonally unadjusted basis, the PPI for all commodities increased by 0.2%. Prices for final demand goods moved up 0.3 percent in October, the third straight increase.
View full articleSenate Finance Committee Drafting Tax Reform Bill
Based on recent reports, sources indicate that at least two Senate Finance Committee members have stated that they favor LIFO repeal.
View full articleTax Cuts and Jobs Act: House Tax Reform Bill Details Released
The House Ways & Means Committee released the details of their tax reform bill, called the Tax Cuts and Jobs Act. See a summary & the full bill here!
View full articleLIFO InfoGraphic
Click to view The LIFO Coalition, last-in, first-out inventory accounting method.
View full articleWhy Trading LIFO Repeal for Reduced Corporate Rates is Unsound Tax Policy
Comparatively speaking, LIFO was enacted during a time of relatively low corporate tax rates. Learn why LIFO repeal is unsound tax policy at this Blog!
View full articleThe Economic & Budgetary Impact of LIFO Repeal
According to the Tax Foundation LIFO repeal would reduce GDP by $11.6 billion per year & end up reducing federal revenue by $518 million annually. Read more
View full articleFacts & Figures Favoring the Acceptability, Preferability & Preservation of LIFO
Summary of the defining principles of the LIFO method & authoritative references that played pivotal roles in its inception.
View full articleSenators Cassidy, Isakson & Thune Seeking LIFO Repeal
Key Senate Finance Committee Members Speak Out In Favor of LIFO Repeal
View full articleJuly 2017 CPI Highlights
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today.
View full articleJuly 2017 PPI Highlights
The Producer Price Index for final demand declined 0.1 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.
View full articleCompanies Urged to Contact Congress in Support of LIFO
It is extremely important for LIFO tax-paying businesses & CPA firms to voice their support for LIFO to their respective members of Congress.
View full articleLIFO Coalition Meeting Highlights
LIFO-PRO brings you highlights of recent LIFO Coalition meetings and tax reform developments that pertain to LIFO all from our LIFO Coalition Blog Page!
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