This webcast is part of the Tax Staff Essentials program.
This webcast details methods of valuing inventory, including special rules for dealing with LIFO inventory. Effect of shrinkage and market will also be discussed and participants will learn about proposals to prohibit LCM and subnormal goods methods that include wash-sale goods. Course materials will include the impact of the Tax Cuts and Jobs Act of 2017 (TCJA) tax reform law.
When you complete this webcast, you will be able to: