(309) 662-8797 woodwardassoc@cpaauto.com
LIFO Inventory Computations
Our firm prepares Last In First Out (LIFO) calculations for new vehicle, used vehicle, and parts inventories. In addition to preparing these computations for the income tax returns prepared, we also provide this service to outside CPA firms and/or dealerships. This is a great way to minimize your tax liability on an annual and long term basis.
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