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Author: BJBJR Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118626  
Subject: LIFO Method for Inventory Valuation Date: 2/8/2001 7:33 PM
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I am looking for information on the LIFO method of inventory valuation for tax purposes. Specifically I want to know the rules and methodology for adjusting the historical value of inventory (by changing the indexes)that has been deferred.

Thank you for any information on this subject that you provide.
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Author: EGUSC Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 45997 of 118626
Subject: Re: LIFO Method for Inventory Valuation Date: 2/8/2001 7:48 PM
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Good lord, what a question,

see code sections 472 through 474 and the corresponding regulations also Form 970 application to use LIFO might help, also i think code 263A and the regs would have something too.

Good luck, i know i would need it

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