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LIFO Method: What is LIFO?

The LIFO method, Last-In, First-Out, is used by U.S. companies with IRS approval to value inventory and has been a part of U.S. tax law for over 80 years.

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NEWS: Accounting Today Names LBMC Top 32 Firm in Nation, Top Regional Firm for 2022

LBMC, a top advisory and business consulting firm in the… Read more »

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NEWS: LBMC Investment Advisors’ Greg Herman Named Barron’s Top 1,200 Financial Advisor for 2022

LBMC Investment Advisors, a Registered Investment Advisory firm with $1.9… Read more »

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Record Retention Schedule for Individuals

Before you begin to spring clean your stacks of records,… Read more »

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Record Retention Schedule for Businesses

Are you eager to spring clean your stacks of records? Not… Read more »

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NEWS: LBMC Announces Advisory Services Practice to Meet Client Needs in Private Equity, Healthcare, Middle Market Space

LBMC’s Mark Burnette Chosen to Lead Unified Advisory Group Created… Read more »

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NEWS: 2022 Business Outlook Report Outlines Key Priorities, Economic Insight, and Business Trends

Report also reveals opportunities, challenges, and strategies for four industries… Read more »

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Prepare for and Pass the SOC Examination

If you outsource services, your clients may request a Service… Read more »

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GUIDE: 2022 Business Outlook Report

LBMC presents our fifth-annual national Business Outlook Report. This report offers… Read more »

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NEWS: LBMC Employment Partners Announces Expansion into Charlotte, NC Market

LBMC Employment Partners, a leading Professional Employer Organization (PEO), HR… Read more »