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Category: Inventory/Accounting

IRS Announces 2019 Tax Rates, Standard Deduction Amounts And More – Kelly Phillips Erb

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for more than 60 tax provisions for the year 2019, including tax rate schedules, tax tables and cost-of-living adjustments. These are the numbers for the tax year 2019 beginning January 1, 2019. They are not the numbers…

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The 10 Biggest Inventory Shrinkage Mistakes You can Easily Avoid – Michael Guta

Inventory shrinkage took a heavy toll on American retailers last year, amounting to US$45.2 billion in lost revenue, a recent survey report indicates. Researchers attributed most of that to the usual suspects. Shoplifting, organized retail crime and employee theft accounted for about three-quarters of…

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