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Estimate your first year LIFO benefit

Client Testimonial -
"We have been very pleased with the quality of services we have received over the years from SourceCorp. Because of the enormous size of our inventory, it is important for us to be able to rely on the most respected LIFO provider in the industry. Their computations are well documented, which eases the audit process."

Thomas Blanton
Vice President, Special Projects
JM Family Enterprises, Inc./Southeast Toyota Distributors
Deerfield Beach, FL

LIFO Solutions for Auto Dealerships

 

LIFO SourceCorpThe majority of auto dealers use LIFO to value inventory. Most use alternative methods rather than IPIC because the automobile CPI and PPI indexes have been flat for the past decade. SourceCorp has worked with thousands of auto dealers providing LIFO services since 1983.

 

In-House Service Solutions

  • Alternative Method Computations (new cars and light-duty trucks)
  • Used Vehicle Alternative Method Computations (used cars and light-duty trucks)

 

Software Solutions

 

Consulting Solutions

  • Form 3115 preparation or review
  • Form 970 preparation or review
  • Index conversion / LIFO layer rebasing
  • Pool splits or combinations
  • Review/recomputation of LIFO layers and/or reports
  • LIFO document imaging
  • Additional §263A cost capitalization computations

 

SourceCorp makes LIFO affordable for businesses of all sizes across all industries.