What is the LIFO Conformity Rule?
The LIFO Conformity Rule is a tax regulation in the United States that mandates businesses to use the LIFO method
Sara joined Source Advisors in 1995 as a Customer Service Manager. She was integral in developing Source Advisors’ proprietary software program for the IPIC method. Sara has served in several roles while on the Source Advisors team, including the development of the Trade Discounts service, Sales Support, Director of IPIC Services, and Director of LIFO Client Services.
As a Managing Director, Sara leads the LIFO division, building and developing a team of LIFO Managers.
Sara has her Bachelor’s degree in Business Administration from Abilene Christian University.
The LIFO Conformity Rule is a tax regulation in the United States that mandates businesses to use the LIFO method
Inventory valuation is an accounting process used by companies to assign value to their inventory. It determines the cost of
Recent tariffs imposed by the Trump administration have reintroduced import taxes on a wide range of goods. While the goal