As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

The Internal Revenue Service issued a notice Wednesday extending temporary relief for another year on using alternative methods for brokers of digital assets, such as cryptocurrency. Processing ...

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How LIFO and FIFO accounting methods impact a company's inventory outlook Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he ...

Heightened inflation and increased tariffs have created a unique opportunity for taxpayers to adopt the last-in, first-out (LIFO) inventory accounting method. This article explains why acting now can ...

I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance technology.

Inventories represent significant current assets in industries where production cycles are long, market prices volatile, biological transformation inherent, and environmental factors critical.

Calculating the cost of goods sold gives a business insight into its performance and helps calculate profit. Cost of goods sold, or COGS, is the total cost a business has paid out of pocket to sell a ...