How to determine inventory value?

For those of you who own stores or are meticulous with your taxes, how do you determine the value of your merchandise / inventory for tax purposes?

Inventory? Taxes?

Inventory? Taxes?

Let me guess...you probably claim your ferrets as dependents.

Let me guess...you probably claim your ferrets as dependents.

It's amazing what you can do once you get them a social security card.

It's amazing what you can do once you get them a social security card.

American Express
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Jimmy D. Ferret

What I really need is pet medical insurance, these friggin' veterinarians are getting ridiculous with their fees. Two of my ferrets have adrenal gland disease and the vet wanted $1,500 each for the surgery. Yeah right!