Our Philosophy

ICS approaches every project thoughtfully with an unparalleled team of experts.

Our Expertise

We have the expertise to help organizations of all sizes, from single-office CPA firms to Fortune 500 companies.

Our Value

ICS performs free preliminary analyses for all service lines while capping fees to guarantee outstanding value.

Our People

The ICS team has the combined expertise and best practices of all Big-4 accounting firms.

Our Strategy

We strongly advocate for our clients and are tenacious in identifying all potential opportunities.

Our Communication

We provide frequent updates and maintain open communication so that projects proceed efficiently and delays are minimized.

Our Deliverables

Our deliverables are complete and defensible. We also include audit protection on our projects.

Our Standards

All cost segregation projects are reviewed and signed by an in-house Certified Cost Segregation Professional.

Who we are…

ICS Tax, LLC (ICS) is a consulting firm providing innovative tax planning strategies. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. With its headquarters in Minneapolis, Minnesota and offices throughout the United States, ICS provides service nationwide.

Latest News

13

Apr 21

Proposed Legislation Would Bolster the 45L and 179D Energy Efficiency Tax Incentives

The ‘Growing Renewable Energy and Efficiency Now’ (GREEN) Act, aims to extend and boost tax incentives for energy efficiency and renewable energy. If passed, the GREEN Act would make both the 45L Energy Efficient Home Credit (45L Credit) and the 179D Energy Efficient Commercial Building Deduction (179D Deduction) more advantageous while furthering the green missions of these incentives.
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5

Mar 21

Brew Up Tax Savings with the R&D Tax Credit

While the Consolidated Appropriations Act, 2021 clarified that expenditures paid with forgiven Paycheck Protection Program loan proceeds are deductible for federal income tax, the relief may be short-lived for state income tax depending upon that state's conformity with the federal tax code and as such, may also reduce R&D Tax Credits.
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31

Jan 21

Despite PPP Loan Forgiveness, State Tax Conformity Rules May Reduce R&D Tax Credits

While the Consolidated Appropriations Act, 2021 clarified that expenditures paid with forgiven Paycheck Protection Program loan proceeds are deductible for federal income tax, the relief may be short-lived for state income tax depending upon that state's conformity with the federal tax code and as such, may also reduce R&D Tax Credits.
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21

Jan 21

Travis Mlodzik Joins the ICS Tax Team

ICS Tax welcomes Travis Mlodzik as the Central Practice Leader, where he will office out of our Twin Cities office.
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28

Dec 20

179D and 45L Energy Efficiency Incentives Extended

The passing of the latest coronavirus relief bill titled the 'Consolidated Appropriations Act, 2021' ("CAA 2021") made permanent the §179D Energy Efficient Commercial Building Deduction (§179D Deduction) and extended the §45L Energy Efficient Home Credit (§45L Credit) through December 31, 2021.
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21

Dec 20

Proposed Coronavirus Relief Legislation Titled ‘Consolidated Appropriations Act, 2021’ Would Extend 179D and 45L Energy Efficiency Incentives

If signed into law, the latest coronavirus relief bill titled the 'Consolidated Appropriations Act, 2021' ("CAA 2021") would make the §179D Deduction permanent and extend the §45L Credit through 2021.
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