A company with last-in-first-out (LIFO) inventory that experiences a decrease in LIFO inventory would typically have additional taxable income related to the LIFO decrement. A LIFO decrement is the ...

WASHINGTON — Despite bipartisan efforts in the House and Senate, new-car dealers looking to Congress for legislation on LIFO tax relief may need to wait until next year. The nearly $1.7 trillion ...

Determining the cost or valuation of inventory held in a company is an important management task. Inventory often represents a large portion of total assets on the balance sheet and the method used to ...

WASHINGTON — While an end-of-year attempt to pass legislation on LIFO tax relief ultimately stalled in the House, dealers affected by record-low levels of new-vehicle supply are still hopeful a bill ...

Theories on Inventory Systems. For large corporations, inventory requirements can be determined using complex algorithms and computer programs. For small businesses, most inventory models can fit ...

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 ...