LIFOPro will provide a complimentary analysis of the estimated amount of tax relief your dealership may be eligible for in the event the Supply Chain Disruptions Act passes. In order to receive your free Sec. 473 analysis, complete the required fields below and upload your 2020 and 2021 year end LIFO calculation documentation. Upon submission, LIFOPro will prepare and email your Sec. 473 analysis PDF report within 3 business days. Learn more about the Supply Chain Disruptions Act at LIFOPro’s blog: About the Supply Chain Disruptions Act
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Read moreThe Inventory Price Index Computation (IPIC) method allows taxpayers to use published external indexes to calculate inflation for the purpose of valuing LIFO inventories.
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