Item of Interest
Last week, ASA was pleased to join with other members of the LIFO Coalition to meet with Congressman Roger Williams. Williams, a small-business owner of car dealerships has been a lifelong user of LIFO. Following the end of summer session, Williams introduced legislation putting members of Congress on record of preserving LIFO as a critical tool in accounting. ASA will work with others on Capitol Hill to advance this resolution and continue educating members of Congress and staff of the importance of maintaining this useful tool.
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