When you decide to sell a portion of your holdings in a stock, you have to decide which shares you actually want to sell. Two of the most common methods used in this decision are known as FIFO and ...

What accounting method do you use to value your inventory? The inventory valuation method you choose can affect amount of taxes you pay the government. Got your attention now? LIFO and FIFO are the ...

Calculating your business inventory is an essential part of your asset reporting. You can use several methods to determine the value of your inventory depending on the most beneficial and accurate ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

FIFO, LIFO, and Specific Identification are three important methods used to track how crypto gains are calculated. Each works ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. The online stock-trading app Robinhood has swiftly become a very ...

Tax reform efforts have been fast and furious in recent months, and with both the House of Representatives and the Senate having gone through their own processes to come up with proposals, key ...

Investors often grapple with the complexities of calculating capital gains, especially when shares are bought and sold through multiple demat accounts. While brokers provide their own capital gain ...

Many retailers have used the LIFO (last in, first out) accounting method to manage their inventory reporting. The methods assumes that the last unit to arrive in inventory (the most recent) is sold ...