Taxes

LIFO (Last-In First-Out) Accounting
NACS is opposed to any attempt to repeal LIFO and impose an unfair retroactive tax on LIFO “reserves.

Bonus Depreciation
Bonus depreciation is an important tax policy that allows small businesses to more effectively reinvest in the growth of their businesses.

Work Opportunity Tax Credit
WOTC is a valuable tax credit that helps employers provide opportunities to those who need them most.