Insights

This past week, the ICS Inspectors team traveled to North Carolina to exhibit at the Charlotte Build Expo, bringing various tax credits, incentives, and tax planning strategies to the show's attendees including 45L…

IRS published Notice 2022-61 to explain how taxpayers can meet prevailing wage requirements to obtain higher credits and deductions with the §45L Energy Efficient Home Credit and the §179D Energy Efficient Commercial…

Alexander Bagne, is presenting accounting methods at CCH Connections user conference in Tampa, Florida.

ICS Inspectors, LLC, a national provider of home energy rating services, assembled several of its HERS Raters and Field Inspectors from across the country to enhance their understanding on ENERGY STAR and the Department…

ASCSP is celebrating 16 years of supporting the Cost Segregation industry by hosting its annual conference in Arlington, Texas.

While primarily intended for new construction, existing homes and residential real estate are now eligible to participate in the ENERGY STAR Single-Family New Homes (SNFH) and ENERGY STAR Multifamily New Construction…

The existing 179D rules continue through December 31, 2022, with new rules going into effect for property placed in service January 1, 2023.

The Inflation Reduction Act of 2022, passed by the U.S. Senate on August 7,2022, provides significant changes to the 45L Energy Efficient Home Credit (45L Credit).

The Inflation Reduction Act of 2022, passed by the U.S. Senate on August 7,2022, provides significant changes to the 45L Energy Efficient Home Credit (45L Credit).

The IRS Large Business and International Division released an updated Practice Unit for its agents to audit the 179D Energy Efficient Commercial Buildings Deduction. It confirms that taxpayers can use the ASHRAE Standard…

Choosing a tax consulting firm as a trusted advisor is an incredibly important decision for both businesses needing such services as well as accounting firms who refer them to their clients. Recently, a national tax…

The new smaller version of the proposed Build Back Better legislation if passed could extend and modify the 45L tax credit to Energy Star and Zero Energy Ready homes.

Many businesses were mandated to shut down during the COVID-19 pandemic. To provide aid to the most vulnerable businesses, our legislators provided the Employee Retention Tax Credit (ERTC).

Alex Bagne recently held a webinar on accounting methods and we are providing answers to your accounting methods questions.

The IRS announced more requirements are necessary for Research Credit Claims for Refunds. New rules are effective January 10, 2022 with a transition and grace period.

Alex Bagne recently held a webinar on accounting methods and we are providing answers to your accounting methods questions

Travis Mlodzik President of ASCSP will represent the Society at the AICPA Construction & Real Estate Conference.

ASCSP conference hosted by Travis Mlodzik ASCSP President. Alex Bagne, presented on the Asset Classes of Rev. Proc. 87-56, a component of cost segregation

The Build Back Better Act, if passed, has some significant changes to the 45L Energy Efficient Home Credit (45L Credit) and the 179D Energy Efficient Commercial Building Deduction (179D Deduction).

The Tax Management Real Estate Journal published the article “Maximizing Tax Benefits with Opportunity Zones and Cost Segregation,” which was coauthored by Alex Bagne, President of ICS Tax, LLC.