Welcome to our LIFO services page. This page is specialized for companies who have inventory as a significant component of their operations. These industries mainly include manufacturers, wholesalers, and retailers. A tremendous number of companies use the FIFO (first in, first out) inventory costing method under the impression that the LIFO (last-in, first-out) method is too complex and burdensome.
It is not uncommon for companies with a FIFO inventory who has been using the LIFO method for several years to materialize tax savings in a large excess. Are you ready to deduct inflation as a tax expense? Take the first step in exploring the LIFO inventory costing method and call us today at 412.881.4411.