Selling mutual funds? Choose the right cost basis method to manage taxes efficiently and maximize your gains. Explore ...

FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, ...

The first-in, first-out inventory (FIFO) system works by assuming that items are pulled out of inventory in the same order that they get put in. Moving older stock first can increase your company's ...

There are two methods of accounting for inventory that affect a business's reported profits and taxable revenues: FIFO and LIFO. FIFO, first-in first-out, keeps the first inventory stocked on the ...