LIFO Tax Benefit Calculator

Instructions:

Enter the following values into the blue-colored cells:
- Prior year end inventory balance (required)
- Current year inflation rate (required)
  - Manufacturers/wholesalers: Use the Bureau of Labor Statistics Producer Price Index (BLS PPI) 2025 year end inflation rate shown in the table below that includes and most closely matches your most-predominant goods in terms of total inventory value (or enter your estimated internally-calculated inflation rate)
  - Retailers: Use the Bureau of Labor Statistics Consumer or Producer Price Index (BLS CPI/PPI) 2025 year end inflation rate shown in the table below that includes and most closely matches your most-predominant goods in terms of total inventory value (or enter your estimated internally-calculated inflation rate)
- 20-year average annual inflation rate (optional): Take the same steps listed above for current year inflation rate, but select the 20Y average inflation rate
- Combined federal & state marginal tax rate (optional): Since LIFO is applicable to both federal & state income taxes, enter the estimated combined federal & state tax rate. For example, a C-Corporation in Wisconsin would enter a 28.9% rate as their federal income tax rate is 21% & state income tax rate is 7.9%.
- Outsourcing cost (optional): For companies who will outsource their LIFO calculation & want to calculate a LIFO return on investment or ROI value. See LIFOPro outsourcing fee table and select value that falls within the range of inventory values.
The green-colored cells will automatically update as soon as all values have been entered into the blue-colored input cells

Note: LIFO is adopted on a prospective basis & LIFO tax savings accrue beginning in the year of the change. Prior period benefits can NOT be retrospectively recaptured. Forecasted tax benefits are for analysis purposes only & is provided to project the potential tax savings from LIFO based on your prior year end inventory balance & historical average inflation rates.

Follow the steps below to use LIFOPro’s Top LIFO Candidates & Tax Benefits Calculator tool offline

LIFOPro’s Tax Benefits Calculator quickly pre-screens companies to determine if further LIFO election scoping should occur & calculates high-level cost-benefit estimates during the preliminary stages of the LIFO election scoping process. Usage steps are as follows:

Step 1: Download LIFOPro’s 2025 Top LIFO Election Candidates List & Tax Benefits Calculator
Step 2: Navigate to LIFO Tax Benefits Calculator sheet & enter the following input values into Cells B4: B10
- Required input fields
  - Cell B4: Current period or projected year end inventory balance
  - Cell B5: Prior year end inventory balance
  - Cell B6: BLS PPI Code: Go to 2025 Top Election Candidates sheet, locate Column C PPI description that most closely matches your industry or product mix & enter corresponding Column B PPI Code into this cell.
- Optional input fields
  - Cell B10: Combined federal & state marginal tax rate
  - Cell B11: Estimated Current Year Outsourcing Cost (See LIFOPro Outsource Fee Table)
  - Cell B12: Estimated Recurring Annual Outsourcing Cost (See LIFOPro Outsource Fee Table)
Step 3: Review Pre-screening output values in Cells B18:B19 to determine if further 2025 LIFO election scoping should be performed
- If both criteria are met (Yes values returned in Cells B18 & B18): Proceed to Step 3 to perform additional 2025 LIFO election scoping
- If 2025 Top LIFO Election Candidate Criteria is TBD: Reevaluate LIFO election scoping closer to year end
- If 2025 Top LIFO Election Candidate Criteria is NO: Defer LIFO election scoping to 2026
- If LIFO Preferability criteria is not met (No value returned in Cell B20): Do not proceed with further LIFO election scoping. LIFO is not preferable and should not be used.
Step 4: Proceed with further 2025 LIFO election scoping by taking any of the following steps:
- Contact your client
  - Inform client they have been pre-screened as a good candidate for electing LIFO in 2025
  - Share any of the LIFO cost-benefit values calculated using this tool with client
  - Inform client they can obtain the following to further explore a LIFO election & obtain a better estimate of the potential benefits, costs & requirements of using LIFO:
  - Complimentary LIFO election benefit analysis & outsourcing fee quote
  - Complimentary LIFO discovery call
  - Share LIFOPro’s election benefit analysis questionnaire & document request list and/or share LIFOPro’s contact information with client
- Contact LIFOPro to request complimentary LIFO discovery call, benefit analysis or to learn more
  - Email/call Bob Richardson at robert@lifopro.com or at 531-466-4275
  - Schedule a Meeting or Call with LIFOPro

BLS PPI Annual Inflation Rate Averages Table for Selected Commodities Through August 2026

PPI Code	BLS PPI Category Description	1M 8/26	YTD 8/26	1YR 8/26	3YR 8/26	5Y 8/26	10YR 8/26	20Y 8/26
01	FARM PRODUCTS	-2.9%	-0.9%	-3.3%	-3.5%	6.5%	3.8%	3.3%
011	Fruits & melons, fresh/dry vegs. & nuts	-2.2%	-13.3%	-0.8%	-8.3%	3.8%	1.8%	2.7%
012	Grains	0.4%	5.1%	17.3%	-14.9%	-0.7%	1.2%	3.4%
013	Slaughter livestock	-6.4%	2.4%	-8.9%	18.2%	17.6%	7.7%	4.9%
014	Slaughter poultry	-0.3%	3.7%	0.8%	-3.0%	8.1%	4.2%	3.7%
015	Raw cotton	5.4%	26.7%	16.6%	-9.6%	-2.6%	-0.2%	1.1%
016	Raw milk	-7.5%	-12.4%	-18.2%	-3.7%	1.5%	2.5%	2.0%
017	Chicken eggs	49.1%	-50.6%	-59.4%	-27.2%	21.3%	5.2%	4.9%
018	Hay, hayseeds and oilseeds	-1.4%	12.3%	18.1%	-10.9%	-1.2%	2.2%	3.0%
02	PROCESSED FOODS AND FEEDS	-0.3%	1.8%	0.0%	1.6%	4.9%	3.0%	2.9%
021	Cereal and bakery products	0.1%	1.3%	0.9%	0.5%	5.0%	2.9%	3.1%
022	Meats, poultry, and fish	-1.8%	-1.3%	-4.6%	5.5%	6.4%	3.8%	3.1%
023	Dairy products	-1.0%	4.3%	-0.7%	-2.7%	2.4%	1.5%	1.9%
024	Processed fruits and vegetables	0.0%	2.3%	4.4%	4.4%	7.0%	4.4%	3.8%
025	Sugar and confectionery	4.0%	3.2%	3.1%	6.6%	6.4%	3.4%	3.2%
026	Beverages and beverage materials	-0.3%	0.8%	1.9%	4.1%	5.1%	3.3%	2.7%
027	Fats and oils	2.0%	22.7%	24.4%	-7.7%	4.8%	3.1%	3.2%
028	Miscellaneous processed foods	-0.3%	-0.1%	-2.9%	-0.1%	4.9%	2.8%	2.7%
029	Prepared animal feeds	-0.1%	5.8%	3.8%	-4.1%	1.9%	2.4%	3.5%
03	TEXTILE PRODUCTS AND APPAREL	0.6%	3.1%	5.7%	1.1%	5.2%	3.0%	2.3%
031	Synthetic fibers	0.0%	4.8%	6.3%	0.6%	5.5%	3.3%	1.9%
032	Processed yarns and threads	0.3%	4.4%	6.2%	-1.8%	5.8%	3.0%	2.4%
033	Greige fabrics	0.4%	3.9%	6.6%	1.5%	5.3%	2.5%	2.2%
034	Finished fabrics	0.8%	3.6%	5.1%	1.2%	5.2%	3.3%	2.6%
038	Apparel & other fabricated textile prods	0.4%	0.7%	5.3%	3.7%	4.6%	2.7%	2.2%
039	Miscellaneous textile products/services	2.5%	7.1%	7.8%	-5.3%	6.6%	2.6%	1.9%
05	FUELS AND RELATED PRODUCTS AND POWER	6.0%	35.0%	27.5%	-4.7%	6.1%	3.9%	1.0%
051	Coal	-2.1%	-3.9%	-0.2%	1.2%	9.3%	4.6%	4.8%
053	Gas fuels	-2.2%	-14.4%	5.4%	-20.2%	5.2%	2.5%	-5.3%
055	Utility natural gas	-0.8%	-2.1%	6.5%	-0.6%	7.6%	5.6%	0.7%
056	Crude petroleum (domestic production)	13.4%	51.4%	32.4%	-7.7%	5.0%	5.4%	-0.1%
057	Petroleum products, refined	11.7%	80.2%	58.1%	-8.8%	5.6%	4.5%	1.2%
058	Asphalt and other petroleum and coal products, n.e.c.	-4.2%	44.4%	54.9%	-0.9%	6.7%	4.1%	6.9%
06	CHEMICALS AND ALLIED PRODUCTS	-0.5%	7.4%	6.5%	-1.1%	4.0%	2.8%	2.8%
061	Industrial chemicals	0.5%	15.0%	12.9%	-4.0%	4.4%	2.3%	2.0%
062	Paints and allied products	1.5%	2.6%	5.3%	0.6%	6.9%	4.7%	3.9%
063	Drugs and pharmaceuticals	0.2%	0.8%	1.2%	2.0%	2.2%	3.0%	4.1%
064	Fats and oils, inedible	-4.0%	31.9%	26.4%	0.1%	11.1%	7.5%	5.1%
065	Agricultural chemicals and chemical products	-4.8%	5.1%	3.8%	-7.5%	7.1%	3.0%	3.2%
066	Plastic resins and materials	-4.2%	10.7%	5.7%	-3.3%	1.9%	1.4%	1.0%
067	Other chemicals and allied products	0.3%	3.7%	4.1%	2.3%	5.2%	3.2%	2.8%
07	RUBBER AND PLASTIC PRODUCTS	-0.4%	5.4%	5.7%	-0.2%	5.5%	3.3%	2.6%
071	Rubber and rubber products	-0.4%	4.4%	4.1%	1.3%	5.0%	3.0%	2.7%
072	Plastic products	-0.4%	5.6%	6.2%	-0.6%	5.6%	3.4%	2.6%
08	LUMBER AND WOOD PRODUCTS	-0.3%	5.7%	4.7%	-1.0%	1.7%	3.1%	2.1%
081	Lumber	-1.5%	10.6%	7.9%	-0.3%	-2.2%	3.0%	1.5%
082	Millwork	-0.3%	4.1%	3.5%	-0.7%	4.5%	4.1%	2.9%
083	Plywood	1.7%	11.3%	10.7%	-3.0%	1.3%	3.3%	2.0%
084	Other wood products	0.2%	5.5%	5.3%	-1.7%	3.2%	2.9%	2.0%
085	Logs, bolts, timber, pulpwood, woodchips and other roundwood products	0.1%	-0.4%	-1.4%	-2.1%	1.2%	0.9%	1.4%
086	Prefabricated wood buildings & components	0.8%	3.5%	4.2%	1.5%	6.9%	5.2%	3.3%
087	Treated wood and contract wood preserving	0.7%	4.0%	3.5%	-1.2%	2.1%	2.8%	2.2%
09	PULP,PAPER, AND ALLIED PRODUCTS	0.8%	4.6%	4.7%	0.8%	5.4%	3.3%	2.6%
091	Pulp, paper, and prod., ex. bldg. paper	1.4%	5.5%	5.4%	0.5%	5.5%	3.2%	2.8%
092	Building paper & building board mill prods.	-0.6%	7.5%	6.9%	-11.4%	-6.9%	1.5%	1.2%
094	Publications, printed matter & printing material	-0.7%	1.8%	2.7%	3.0%	6.5%	3.9%
10	METALS AND METAL PRODUCTS	1.0%	11.4%	16.3%	4.2%	8.6%	6.4%	3.8%
101	Iron and steel	1.1%	16.8%	17.2%	-0.4%	7.4%	6.6%	3.2%
102	Nonferrous metals	1.0%	17.0%	31.9%	11.3%	10.3%	8.4%	4.7%
103	Metal containers	0.2%	5.9%	8.3%	1.3%	8.4%	5.1%	3.4%
104	Hardware	-0.1%	2.4%	3.7%	2.9%	6.1%	3.9%	3.0%
105	Plumbing fixtures and fittings	0.0%	3.6%	3.5%	3.6%	4.9%	3.6%	3.1%
106	Heating equipment	0.6%	2.3%	2.3%	3.9%	8.6%	5.6%	4.5%
107	Fabricated structural metal products	1.2%	4.4%	7.0%	3.0%	10.3%	6.4%	4.1%
108	Miscellaneous metal products	0.8%	4.5%	5.3%	2.8%	6.0%	3.7%	2.7%
11	MACHINERY AND EQUIPMENT	0.8%	6.1%	7.6%	3.9%	5.6%	3.3%	2.2%
111	Agricultural machinery and equipment	-0.3%	0.6%	2.1%	1.4%	6.1%	3.9%	3.2%
112	Construction machinery and equipment	0.0%	0.5%	2.1%	4.7%	6.5%	4.1%	3.3%
113	Metalworking machinery and equipment	0.0%	3.7%	5.2%	4.6%	5.8%	3.5%	2.6%
114	General purpose machinery and equipment	0.3%	2.9%	5.6%	5.4%	7.9%	5.0%	3.9%
115	Electronic computers and computer equipment	13.3%	21.8%	22.4%	55.4%	32.6%	13.7%	3.7%
116	Special industry machinery and equipment	0.2%	2.9%	4.6%	3.6%	6.6%	4.1%	2.7%
117	Electrical machinery and equipment	1.4%	11.8%	13.0%	3.1%	4.3%	2.5%	1.3%
118	Miscellaneous instruments	0.0%	2.2%	3.5%	5.1%	5.7%	3.7%	2.7%
119	Miscellaneous machinery	0.3%	3.3%	3.7%	3.1%	4.0%	2.4%	2.2%
12	FURNITURE AND HOUSEHOLD DURABLES	0.4%	2.0%	3.3%	2.2%	5.1%	3.5%	2.5%
121	Household furniture	0.3%	5.0%	5.6%	1.3%	4.9%	3.4%	2.6%
122	Commercial furniture	0.6%	2.4%	3.6%	3.4%	7.0%	4.7%	3.3%
123	Floor coverings	0.7%	2.3%	4.8%	0.9%	2.1%	1.6%	1.8%
124	Household appliances	0.1%	-1.6%	0.1%	1.5%	4.2%	2.9%	2.0%
125	Home electronic equipment	0.0%	0.0%	-1.5%	2.5%	4.6%	2.6%	0.3%
126	Other household durable goods	0.8%	2.5%	4.5%	3.0%	5.1%	3.3%	2.4%
13	NONMETALIC MINERAL PRODUCTS	0.4%	4.0%	4.3%	3.9%	6.5%	4.4%	3.8%
131	Glass	0.1%	4.8%	4.8%	2.1%	4.4%	3.3%	2.3%
132	Concrete ingredients and related products	-0.1%	4.4%	4.4%	6.8%	7.3%	5.5%	4.5%
133	Concrete products	0.6%	3.7%	4.2%	4.3%	7.1%	5.0%	3.9%
134	Clay construction products ex. refractories	0.2%	1.0%	1.3%	2.2%	4.2%	2.7%	1.7%
135	Refractories	-0.1%	1.2%	1.7%	1.8%	4.9%	3.7%	3.7%
136	Asphalt felts and coatings	1.4%	7.2%	4.1%	1.4%	6.5%	4.4%	4.6%
137	Gypsum products	0.7%	0.4%	0.7%	1.4%	7.9%	5.5%	3.3%
138	Glass containers	0.0%	2.3%	3.2%	5.6%	7.3%	4.4%	3.7%
139	Other nonmetallic minerals	0.2%	3.9%	5.3%	3.5%	6.2%	3.4%	3.7%
14	TRANSPORTATION EQUIPMENT	0.2%	1.5%	2.4%	2.0%	2.9%	1.9%	1.7%
141	Motor vehicles and equipment	0.2%	1.3%	2.5%	1.5%	2.8%	1.8%	1.5%
142	Aircraft and aircraft equipment	0.0%	1.7%	2.4%	3.1%	3.1%	2.1%	2.3%
143	Ships and boats	0.1%	2.2%	2.7%	2.5%	3.6%	2.5%	2.4%
144	Railroad equipment	1.2%	3.0%	3.0%	0.9%	1.3%	0.7%	1.5%
149	Transportation equipment, n.e.c.	0.0%	1.2%	1.3%	0.5%	3.2%	2.5%	1.7%
15	MISCELLANEOUS PRODUCTS	1.0%	3.7%	5.8%	5.5%	6.3%	4.5%	3.3%
151	Toys, sporting goods, small arms, etc.	-0.7%	0.5%	0.9%	3.3%	6.2%	3.5%	2.6%
152	Tobacco products, incl. stemmed & redried	2.2%	7.7%	10.5%	10.9%	10.3%	8.0%	6.5%
154	Photographic equipment and supplies	0.0%	4.4%	4.6%	3.4%	4.8%	3.3%	2.6%
155	Mobile homes	1.0%	1.7%	3.5%	0.2%	7.0%	6.2%	4.5%
156	Medical, surgical & personal aid devices	0.4%	2.6%	4.2%	2.5%	2.6%	1.8%	1.4%
157	Other industrial safety equipment	-0.2%	3.8%	7.1%	4.2%	6.2%	3.5%	2.7%
159	Other miscellaneous products	1.3%	-0.5%	2.2%	4.9%	7.3%	4.9%	3.3%

BLS CPI Historical Annual Inflation Rate Averages Through August 2026 Table for Selected Categories

BLS CPI Code	BLS CPI Category Description	1M 8/26	1Y 8/26	3Y 8/26	5Y 8/26	10Y 8/26	20Y 8/26
SAF	FOOD & BEVERAGES	0.1%	2.6%	2.6%	4.5%	3.4%	2.9%
SAF11	Food at home	0.0%	2.2%	1.9%	4.4%	3.0%	2.6%
SAF114	Nonalcoholic beverages & beverage materials	0.2%	3.7%	3.2%	5.5%	3.6%	2.4%
SEFN	Juices & nonalcoholic drinks	0.4%	3.5%	2.2%	5.0%	3.6%	2.5%
SEFN01	Carbonated drinks	1.9%	4.4%	2.8%	5.4%	4.2%	3.0%
SEFN03	Nonfrozen noncarbonated juices & drinks	-1.0%	3.2%	1.4%	4.5%	3.1%	1.9%
SEFP	Beverage materials including coffee & tea	-0.3%	4.0%	5.3%	6.4%	3.4%	2.4%
SEFP01	Coffee	-0.9%	6.1%	7.9%	8.3%	4.1%	3.0%
SEFP02	Other beverage materials including tea	1.1%	0.4%	2.2%	3.9%	2.6%	1.9%
SAF115	Other food at home	-0.2%	2.4%	1.4%	4.9%	3.1%	2.6%
SEFT06	Other miscellaneous foods	-0.9%	3.6%	1.4%	4.8%	3.0%	2.2%
SEFW	Alcoholic beverages at home	0.1%	0.2%	0.8%	1.6%	1.6%	1.4%
SEFW01	Beer, ale & other malt beverages at home	0.2%	2.4%	2.4%	3.2%	2.8%	2.4%
SEFW02	Distilled spirits at home	-0.3%	-0.7%	0.4%	1.0%	1.0%	0.9%
SEFW03	Wine at home	0.3%	-1.1%	-0.4%	0.5%	0.7%	0.6%
SEHE	FUEL OIL & OTHER FUELS	5.5%	30.2%	6.3%	9.4%	7.6%	3.2%
SAH3	HOUSEHOLD FURNISHINGS & OPERATIONS	-0.1%	2.0%	1.7%	3.4%	2.6%	1.0%
SAA	APPAREL	1.9%	3.6%	1.4%	2.4%	0.9%	0.8%
SAM1	MEDICAL CARE COMMODITIES	-0.2%	-2.7%	-0.2%	1.5%	0.9%	1.7%
SEMF	Medicinal drugs	-0.4%	-2.7%	-0.3%	1.4%	0.8%
SEMF01	Prescription drugs	0.0%	-2.9%	-0.1%	1.2%	0.7%	8.3%
SEMF02	Nonprescription drugs	-1.2%	-2.0%	-0.7%	2.3%	1.1%
SEMG	Medical equipment and supplies	1.0%	-2.3%	0.0%	2.7%	1.0%
SAR	RECREATION	0.0%	2.7%	2.2%	2.8%	2.2%	1.3%
SEEA	EDUCATIONAL BOOKS & SUPPLIES	-0.7%	1.1%	3.5%	2.3%	1.2%	3.4%
SEGA	TOBACCO & SMOKING PRODUCTS	0.6%	-93.3%	-57.4%	-38.4%	-19.5%	-7.4%
SEGB	PERSONAL CARE PRODUCTS	0.2%	2.9%	1.4%	3.0%	1.3%	0.9%
SEGE	MISCELLANEOUS PERSONAL GOODS	-0.6%	3.6%	1.1%	2.7%	1.5%	0.2%
SAG	OTHER GOODS AND SERVICES	0.1%	4.2%	4.0%	4.9%	3.7%	3.2%
SERE	Other recreational goods	-1.6%	2.5%	-0.1%	0.3%	-2.4%	-3.3%
SERG	Recreational reading materials	2.9%	4.2%	3.0%	2.3%	2.5%	2.0%

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Auto Dealer IPIC LIFO Case Study

How LIFO Works: A Beginner’s Guide to LIFO

How to Identify Clients that are Good LIFO Election Candidates

Complimentary Interim LIFO Estimate Request Form

Best LIFO Practices & Review

Auto Dealer LIFO Case Study

LIFO Election Benefit Analysis

Downloads

Get information about LIFO-PRO’s offerings, valuable guides & white papers & sample LIFO reports!

IPIC LIFO Guide

Get educated on the Inventory Price Index Computation (IPIC) method, including the origins, advantages & disadvantages, calculation procedures, options & much more!

Service Organization Control Report

Learn how LIFO-PRO receives an annual review of our policies & procedures to provide required assurances to our clients.

LIFO Tax Benefit Calculator

Calculate the potential tax savings from using LIFO & determine your company’s historical inflation percentages!

Secure File Upload Portal

Here you can send us all files needed for us to seamlessly give you the best LIFO results possible. We look forward to working with you!

CPA Firm LIFO Opportunities & Training Guide

Learn about LIFO opportunities abound for CPA firms, how to increase the scope of your LIFO offerings & learn how to easily identify good LIFO candidates!

Interim Estimate Options

Learn how to obtain interim LIFO estimates within our software or LIFO outsourcing solutions!

Non-disclosure Agreement Request Form

Get a NDA generated electronically in less than a minute using LIFO-PRO’s online request form page & avoid having to print, sign & scan a paper NDA!

IPIC LIFO Resources

Learn how the IPIC LIFO Method works, find valuable Bureau of Labor Statistics (BLS) links and stay up to date on all changes related to the IPIC Method!

LIFO Success Stories

Learn about LIFOPro’s past roles in partnering with companies & CPA firms to deliver great value by finding solutions to the most challenging LIFO issues!

IPIC LIFO Overview

The Inventory Price Index Computation (IPIC) method allows taxpayers to use published external indexes to calculate inflation for the purpose of valuing LIFO inventories.

LIFO Authoritative Guidance

Your comprehensive resource for authoritative LIFO guidance, LIFO election requirements, and method alternatives!

Supermarket Physical Count Procedures

Find helpful information on how IRS regulations effect grocery LIFO Count Procedures for CPI & PPI taxpayers on our Supermarket Count Procedures page.

Special Challenges for Supermarkets

Supermarkets face LIFO calculation issues unique to the industry. Find out why & answers to how they are dealt with Special Challenges for Supermarkets page.

Why the Double-extension LIFO Index Calculation Method is Unreliable

Facts describing why the double-extension LIFO index calculation method is unreliable and examples proving how this method creates unpredictable results.

LIFO Training & Audit Guide

The LIFO Inventory Training Basics & Audit Guide provides detailed LIFO calculation steps, LIFO documentation procedures, internal controls & audit best practices.

Addition of Services Table 9 Codes

Find recent important changes & BLS addition of Table 9 Wherever-provided Services & Construction PPI Indexes & Important Change in PPI Code Structure page.

CPI Category Updates

Find information on CPI Category Changes & Bureau of Labor Statistics Consumer Price Index update information such as new medical commodity codes here!

PPI Category Updates

Learn IRS Regulations Requirements for missing PPI Indexes, procedures for reassigning discontinued PPI Categories at LIFO-PRO’s PPI Category Changes page.

Producer Price Index Usage by Supermarkets to Increase Tax Deferral

Learn how drugs, non-foods & food/beverage indexes cause increase LIFO tax benefits at our PPI Index Usage by Supermarkets to Increase Tax Deferral page.

Consumer/Producer Price Index Inflation History

Get the most up to date Bureau of Labor Statistics Consumer & Producer Price Index inflation data from LIFOPro!

IPIC LIFO Advantages

Switching from the double-extension to link-chain method? Want to achieve higher possible inflation indexes? Learn more at the IPIC LIFO Advantages page.

LIFO Repeal Updates

Get the latest LIFO repeal updates including the latest news on corporate tax reform at LIFO-PRO’s LIFO Repeal Updates page.

Videos

LIFO-PRO Company Overview – Quick 1 minute video explaining LIFO-PRO’s service and software offerings.

Request Forms Page

Request a software trial, LIFO Election Benefit Analysis, Best LIFO Practices Methods Review or cost estimate. All of our requests are complimentary & free of obligation!

FAQ’s

View some of our frequently asked questions to learn more about LIFO

LIFO Glossary

Accounting and financial professionals who work with LIFO need to understand the jargon associated with LIFO. Below are a number of LIFO-related terms.

LIFO Tax Benefit Calculator