SourceHOV Tax -
LIFO experts since 1983.

LIFO Solutions for Auto Dealerships

The majority of auto dealers use LIFO to value inventory. Most use alternative methods rather than IPIC because the automobile CPI and PPI indexes have been flat for the past decade. SourceCorp has worked with thousands of auto dealers providing LIFO services since 1983.


In-House Service Solutions

Alternative Method Computations (new cars and light-duty trucks)
Used Vehicle Alternative Method Computations (used cars and light-duty trucks)


Software Solutions

Alternative Method Software – AMS (new cars and light-duty trucks)
Used Vehicle Alternative Method Software – UV-AMS (used cars and light-duty trucks)

 


Consulting Solutions

Form 3115 preparation or review
Form 970 preparation or review
Index conversion / LIFO layer rebasing
Pool splits or combinations
Review/recomputation of LIFO layers and/or reports
LIFO document imaging
Additional §263A cost capitalization computations


SourceCorp makes LIFO affordable for businesses of all sizes across all industries.