Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Many retailers have used the LIFO (last in, first out) accounting method to manage their inventory reporting. The methods assumes that the last unit to arrive in inventory (the most recent) is sold ...

As the 117th Congress winds down, the Senate on Thursday evening passed bipartisan legislation that would provide dealers LIFO tax relief. "Senate passage of the bill is great progress to provide ...

The esoterica of tax accounting isn't terribly exciting. In fact, it can be downright headache-inducing for those of us who aren't CPAs. However, when your cash flow is in danger of taking a big hit ...

Seneca Foods benefits from lower agricultural costs and vertical integration, but sector demand is flat and private label competition limits pricing power. LIFO accounting inflates current profits; ...

How LIFO and FIFO accounting methods impact a company's inventory outlook Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Same-store sales, margins, inventory levels — these are some of the metrics investors look at when it comes to ...

Home Depot, Inc. announced a key change in accounting principals in its third quarter filing with the SEC. After adopting a new enterprise resource planning system, otherwise known in the ...

Investing.com -- AutoZone, Inc. reported fourth-quarter earnings that fell short of analyst expectations, as a significant LIFO charge impacted profitability despite solid same-store sales growth.

USA TODAY markets reporter Matt Krantz answers a different reader question every weekday. To submit a question, e-mail Matt at mkrantz@usatoday.com. Q: How does "LIFO" and "FIFO" affect how much tax ...