Taxes May 21, 2026
AICPA Urges Taxpayer Relief in Use of IPIC Method for Last-In, First-Out Inventory
The letter cites recent changes made by the Bureau of Labor and Statistics (BLS) to the PPI detailed report.
Accounting October 31, 2025
5 Ways the IPIC LIFO Method Helps Businesses Maximize Cash Flow
For companies with complex, diverse inventories, the inventory price index computation last-in, first-out method offers a practical and IRS-approved way to achieve the benefits of LIFO without the heavy administrative load of traditional methods.
Small Business August 6, 2025
In-Kind Donations Can Ease Tariff-Induced Client Inventory Headaches
Product philanthropy, also known as in-kind donation, may be able to soften the financial blow of the tariffs.