LIFO lessons learned

You have choices when it comes to reporting inventory costs. One popular technique — the last-in, first-out (LIFO) method — assumes that merchandise is sold in the reverse order it was acquired or produced. That is, it allocates the most [...]

By |2018-11-02T12:43:42+00:00November 2nd, 2018|Categories: Blog, Small Business Services, Tax|Tags: |0 Comments