Pay Less Tax. Save More Money.™
If you haven’t yet made the switch to LIFO accounting, now is the time to do so. Inflation presents special problems in terms of accounting, and those who understand those problems can reduce their tax liabilities significantly. In inflationary environments LIFO gives a better picture for manufacturing firms. It will increase COGS which shows the higher expenses which gives a better picture looking forward.
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About SourceCorp:
SourceCorp is the nation’s leading consulting firm specializing in LIFO Accounting, R&D Tax Credit Studies, Cost Segregation Studies, and Green Building Tax Deductions. Our strength is in understanding the complexities of taxation and construction engineering – we help clients pay less tax and save more money.
Since 1983, SourceCorp has worked closely with CPA firms, manufacturers, wholesalers, building owners, architects, and auto dealerships to realize their vision to increase cash flow, reduce taxes, and build lasting value, while striving to maintain the highest level of customer service, communication and overall satisfaction. SourceCorp is owned by Apollo Management, Inc., a private equity firm based in New York.