The most recent draft of tax reform legislation includes the full repeal of last-in, first-out (LIFO) accounting use, a provision that would be extremely costly to many business owners. In response, 113 bipartisan Member of Congress
sent a letter
to the Chairman of the House’s tax writing committee in support of LIFO. Now we ask you to lend your voice by sending a letter to your Representative(s) either thanking them for signing onto the letter or requesting their future support for LIFO.