LIFO
Calculations
Tax and Accounting
LIFO calculations can help put your inventory to work for you by implementing
tax accounting methods that minimize your tax liability and increase your cash
flow. But performing the actual calculations can be complex and if your staff
doesn't regularly work with LIFO, developing the knowledge and skill to complete
the calculations can be difficult.
Dixon Hughes can fill that void. Our Dealership LIFO
Processing Center provides streamlined Alternative
Method LIFO computations for new and used
vehicle inventory. Our professionals perform LIFO calculations for hundreds of
dealerships nationwide. Our experience and knowledge
are available to help you
and your tax advisor implement LIFO to achieve the greatest tax advantages so
your staff can focus on what they do best.
The more than 100 Dealer Services Group professionals at Dixon Hughes can
help make complex LIFO computations a simple process for dealerships of all
sizes. We're committed to providing high-quality computations and excellent
value to your dealership, whether we're helping you get the most
tax-advantageous treatment for manufacturers' interest assistance and
advertising programs or simplifying Parts LIFO and complex Uniform Inventory
Capitalization.
Our clients can trust our fast and efficient LIFO process. Many have found
that, when compared to performing the calculations themselves, a Dixon Hughes
LIFO computation saves them time, money and effort. And the additional value we
provide often means dealerships can take full advantage of opportunities related
to interest assistance and advertising programs.
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