• Home
  • About
    • Links
      • Privacy Policy
      • Terms & Conditions
  • Consulting
    • Coaching
  • LIFO Calcs
    • Sample LIR Report
  • Seminars
    • Recordings Library
    • Audio Seminars
    • Webinars / Virtual Seminars
      • Year-End 2022 Dealer Tax Update and LIFO Planning Strategies (12/1/2022)
  • Sec 473 Relief
  • University
    • Member Log In
  • Contact
Experience … Integrity … Excellence
  • Home
  • About
    • Links
      • Privacy Policy
      • Terms & Conditions
  • Consulting
    • Coaching
  • LIFO Calcs
    • Sample LIR Report
  • Seminars
    • Recordings Library
    • Audio Seminars
    • Webinars / Virtual Seminars
      • Year-End 2022 Dealer Tax Update and LIFO Planning Strategies (12/1/2022)
  • Sec 473 Relief
  • University
    • Member Log In
  • Contact

Archives

Author Archive for: "Will De Filipps"
Home /
0
By Will De Filipps
In Will's blog
Posted January 11, 2023

Auto Dealer LIFO – Conformity Warning & IPIC Estimates

Like kids waiting for Santa Claus to come down the chimney on Christmas Eve, we’re waiting for the BLS to release the CPI inflation index for auto dealers for December. Based on projections we’ve [...]

READ MORE
0
By Will De Filipps
In Will's blog
Posted March 1, 2021

Section 473 Relief Request for DVM LIFO Taxpayers

Many dealers using the LIFO (Last-In, First-Out) Method for valuing their inventories are facing unexpected high tax bills this year. This is resulting from the combination of lower year-end [...]

READ MORE
0
By Will De Filipps
In Will's blog
Posted November 19, 2020

Update on Tax Deductions Related to PPP Loan Forgiveness

Today, the IRS issued Revenue Ruling 2020-27 and Revenue Procedure 2020-51. Particular problems will arise in handling situations where it is expected that the PPP loan will be forgiven, but that [...]

READ MORE
0
By Will De Filipps
In Will's blog
Posted November 19, 2020

Form 970 Draft

The IRS has posted a revision to Form 970 – Application to Use LIFO Inventory Method – in Draft form. The Draft is dated November 2020, and it is not to be filed with the IRS. Form 970 is to be [...]

READ MORE

Virtual Seminars

  • Year-End 2022 Dealer Tax Update & LIFO Planning Strategies (12/1/2022)

  • Member Resources

    Return to Member Resource Center

News – Summaries & Podcasts

  • Dealing with a Drop in LIFO Reserves (4/2021)
  • De Filipps’ CPA Submission for Relief under Section 473 (12/2020)
  • WillCast – Tangibles Regs Podcast (9/18/2013)

Publications & Articles

  • Publications
  • Dealer Tax Watch Index of Articles
  • LIFO Lookout Index of Articles

Blog

Will’s World Blog

Willard De Filipps, CPA | Join Our LinkedIn Group
317 West Prospect Avenue, Mount Prospect, Illinois 60056 | Tel.: 847-577-3977 | Fax: 847-577-1073
Copyright © 2022 De Filipps. Powered by Red Technologies

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Start typing and press Enter to search