Learn how LIFO liquidation impacts businesses, why companies use this method during inflation, and see a real-world example to understand its financial benefits.

Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.

You may have heard that the first in, first out method is the best inbox management strategy. Ignore that—last in, first out ...

Learn what cost basis is and why it matters when you report crypto gains. Know how to calculate it using FIFO or LIFO and avoid costly tax filing mistakes.

Learn how to report crypto gains correctly. Know how to calculate profits, distinguish gains from income, and file taxes for trading, staking, and NFTs.

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. Any time you tap, swipe or dip a credit or debit card at checkout or enter your card number online, you ...

Getting good sleep is critical. A 2018 study found that people who sleep for five to six hours are 19 percent less productive than people who regularly sleep for seven to eight hours per night. People ...

National security, unlocked. Each Thursday, host Mary Louise Kelly and a team of NPR correspondents discuss the biggest national security news of the week. With decades of reporting from battlefields ...

When the price of an item stays the same, but you get less product for your buck, that's shrinkflation. Unfortunately, shrinkflation can be pretty tough to spot if you're not in the habit of holding ...

Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...