Blog Request Analysis/Quote Schedule Meeting Call Software Support Make Payment Send Files Contact
Turnkey LIFO Solutions & Software
Menu
  • Turnkey LIFO Solutions & Software
  • Offerings
    • Turnkey Outsourcing Solutions
    • Auto Dealer Outsourcing
    • Software
    • Complimentary Offerings
    • CPA Firm Offerings
  • Resources
      • LIFO Library
        • Why Use LIFO & How LIFO Works
        • What Makes a Good LIFO Candidate?
        • LIFO Methods & Authoritative Guidance
        • LIFO Glossary
        • How to Easily Implement LIFO
        • FAQ’s
        • LIFO Success Stories
        • Interim Estimates
      • Guides & White Papers
        • 2024 Top LIFO Election Candidates Guide
        • 2024 LIFO Opportunities & Strategies Guide
        • CPA Firm Partnership Playbook
        • Financial Reporting & Tax Treatment of Change to LIFO Method
        • Use of External Inflation Indexes for Financial Reporting
        • Using Bargain Inventory Purchases to Create Sizable LIFO Election Tax Benefits
        • LIFO Audit & Training Guide
        • IPIC LIFO Should be Good Enough for GAAP
      • IPIC LIFO
        • IPIC LIFO Overview
        • IPIC LIFO Advantages
        • IPIC LIFO Guide
        • Auto Dealer IPIC LIFO Case Study
        • Consumer/Producer Price Index Inflation History
        • IPIC LIFO Resources
        • PPI Category Updates
      • Other Resources
        • Downloads
        • Request Forms Page
        • LIFO Election Benefit Analysis
        • Best LIFO Practices & Review
        • Non-disclosure Agreement
        • Send Files to LIFO-PRO
        • Calculators
        • Service Organization Control Report
        • Make a Payment
        • Videos
  • About Us
    • About Us
    • Our Team
    • Our Clientele
    • Testimonials
  • Offerings
    • Turnkey Outsourcing Solutions
    • Auto Dealer Outsourcing
    • Software
    • Complimentary Offerings
    • CPA Firm Offerings
  • About Us
    • About Us
    • Our Team
    • Our Clients
    • Testimonials
  • Resources
    • LIFO Library
      • Why Use LIFO & How it Works
      • What Makes a Good LIFO Candidate?
      • LIFO Methods & Authoritative Guidance
      • LIFO Glossary
      • FAQs
      • Success Stories
      • Interim Estimates
    • Guides & White Papers
      • 2024 Top LIFO Election Candidates Guide
      • 2024 LIFO Opportunities & Strategies Guide
      • CPA Firm Partnership Playbook
      • Financial Reporting & Tax Treatment of Change to LIFO Method
      • Using Bargain Inventory Purchases to Create Sizable LIFO Election Tax Benefits
      • Use of External Inflation Indexes for Financial Reporting
      • LIFO Training & Audit Guide
      • How LIFO Works: A Beginner’s Guide to LIFO
      • IPIC LIFO Should be Good Enough for GAAP
    • IPIC LIFO (External Indexes)
      • IPIC LIFO Overview
      • IPIC LIFO Advantages
      • IPIC LIFO Guide
      • BLS CPI & PPI Inflation History
      • Auto Dealer IPIC LIFO Case Study
      • IPIC LIFO Resources
      • PPI Category Updates
    • Other Resources
      • LIFO Election Benefit Analysis
      • Best LIFO Practices & Review
      • Request Forms
      • Downloads
      • Calculators
      • SOC Report
      • Non-disclosure Agreement
      • Send Files
      • Make a Payment
  • Blog
  • Contact Us
  • Support
Blog Request Analysis/Quote Schedule Meeting Call Software Support Make Payment Send Files Contact

Category: LIFO Blog

New, 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.

Written by Bob Richardson on July 17, 2015

Problems that Can Arise When Using Internal Index LIFO to Calculate Inflation

The IRS Regs. allow two LIFO inflation measurement sources. LIFO taxpayers can either use: External indexes – The IRS Regs. were amended in 1982 to permit the use of the Inventory Price Index Computation (IPIC) method for which Producer Price Indexes (PPI) or Consumer Price Indexes (CPI) are used. Internal indexes – This is a […]

Written by Lee Richardson on May 27, 2015

Use 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.

Written by Bob Richardson on June 16, 2014

  • «
  • 1
  • …
  • 24
  • 25
  • 26
Top Posts
  • LIFOPro’s 2024 Top LIFO Election Candidates Guide
  • LIFOPro’s 2024 LIFO Opportunities & Strategies Guide
  • CPA Firm Partnership Playbook
  • Financial Reporting & Tax Treatment of Change to LIFO Method
  • Use of External Inflation Indexes for Financial Reporting
  • How the IPIC Method Could Maximize Your LIFO Reserve
  • When the Use of a LIFO Specialist May be the Best Choice for Your Client
Recent Posts
  • How to Use LIFO to Create Tax Benefits from Tariffs
  • March 2025 PPI Release Highlights
  • March 2025 CPI Release Highlights
  • February 2025 PPI Release Highlights
  • February CPI Release Highlights

Authors
  • Bob Richardson
  • Dave Roads
  • Jamie Pentagulio
  • Karim Khayati
  • Lee Richardson
  • Bob Richardson
  • Alex Howe
  • Lauren Hunt
  • Alexander

Categories
  • BLS
  • LIFO Blog
  • LIFO in the News
  • LIFO Insights
  • LIFOPro Software
Archives
LIFOPro

Make being on LIFO as simple as possible with turnkey outsourcing solutions. Automate in-house calculations & documentation with the LIFOPro software. Get the most valuable complimentary resources only available from the most trusted name in LIFO!

402-330-8573

11620 Arbor St. Ste 100
Omaha, NE 68144

lifopro@lifopro.com

Offerings Software Turnkey Outsourcing Solutions Complimentary Offerings
Resources Training & Audit Guide Guides & White Papers Good LIFO Candidates
About Us Our Team Our Clientele Testimonials

402-330-8573

11620 Arbor St. Ste 100
Omaha, NE 68144

lifopro@lifopro.com

Sitemap Terms of Service Privacy Policy

© 2025 LIFOPro All Rights Reserved. Website Build by LP Creative Co.

https://lifopro.com/blog/use-of-ppi-indexes-by-supermarkets-to-increase-tax-deferral