Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

Wondering about FIFO vs LIFO? Learn about the two inventory valuation methods and which one is best for you. Many, or all, of the products featured on this page are from our advertising partners who ...

Alana Mohi said she's seeing a trend of older people in their 60s and 70s seeking out high-paying mining jobs to combat cost-of-living pressures. (Source: TikTok/Getty) Alana Mohi, founder of career ...

Although rising prices increase the cost of your inventory purchases, rising prices affect LIFO (Last-in, First-out) and FIFO (First-in, First-out) inventory values differently. Each inventory ...

Feeding my family of seven sometimes feels like a full-time job. There’s so much involved, from planning meals and shopping for them to cooking and cleaning up the kitchen afterward. Keeping the food ...

The inventory costing method your company uses directly affects your "cost of goods sold," which is an expense. The higher the expense you report, the lower your net income, and thus the lower your ...

Here's why lawmakers moved to take out a costly provision in its initial tax-reform package. Tax reform efforts have been fast and furious in recent months, and with both the House of Representatives ...

The ‘–ber’ months are, without fail, my busiest months of the year. Not only is it the peak holiday hosting season, but there are countless annual social events and birthdays for me to juggle as well.

FIFO, HIFO and Spec ID (among others) are key methods to calculate crypto tax liability. The choice of method affects your taxable gains and overall liability. Record-keeping is crucial for compliance ...

Constantly unearthing expired food in the backs of your cupboards and corners of your fridge are signs that you have an inefficient kitchen setup. Luckily, there's an easy fix. Toss aside your prior ...

How much you paid for your cryptocurrency (the cost basis) has a major impact on the taxes you pay when you eventually sell them. Understanding how Specific ID, First in, first out (FIFO) & Highest in ...

The rising cost of living is pushing some older Australians to come out of retirement to seek out mining jobs. A FIFO recruitment expert says Aussies in their 60s and even 70s are reaching out to her ...