Where is the LIFO Inventory Relief?

Where is the LIFO Inventory Relief?

by | Jul 26, 2022 | Tax

TAX  Where is the LIFO Inventory Relief?  Ryan McDonell Manager, CPA  26 July 2022  Many auto dealers use the last-in first-out (LIFO) accounting method for valuing new vehicle inventory. Under LIFO, dealers use the value of the most recently acquired inventory as an...
2021 Year-End Tax Planning Letter for Individuals

2021 Year-End Tax Planning Letter for Individuals

by | Nov 22, 2021 | Tax

TAX 2021 Year-End Tax Planning Letter for Individuals Lucy Luo, CPA 22 November 2021 Time is ticking on year-end tax planning as 2021 draws to a close. 2020 was a tumultuous year due to Covid-19. Challenges remain at the end of 2021 as the country is still recovering...
Build Back Better Act Tax Proposals: Where Do We Stand?

Build Back Better Act Tax Proposals: Where Do We Stand?

by | Nov 22, 2021 | Tax

TAX Build Back Better Act Tax Proposals: Where Do We Stand? Ryan McDonell Manager, CPA 22 November 2021 Back in March and April of this year, President Biden released a framework for traditional and “human” infrastructure provisions of the administration’s Build Back...
Early Version of Tax Reform Proposals

Early Version of Tax Reform Proposals

by | Sep 20, 2021 | Tax

HIGHER EDUCATION Early Version of Tax Reform Proposals Ryan McDonell Manager, CPA 16 September 2021 Last week, the House Ways & Means Committee began discussions on legislative proposals for the Build Back Better Act. The proposals deal with a variety of topics...