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Is a published index better than an internally generated index?

April 26, 2017index internally published

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Is a published index better than an internally generated index?

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The IPIC method utilizes Consumer Price Indexes (CPI) or Producer Price Indexes (PPI) published by the Bureau of Labor Statistics. For many businesses, published indexes provide more tax benefits than internally generated indexes. The published indexes will reduce taxable income when the inflation shown by the published indexes is greater than actual inflation.