Insights

On July 27, 2017, House Representatives Dave Reichert (R-WA), Earl Blumenauer (D-OR), and Tom Reed (R-NY) introduced new legislation to permanently extend and modify the §179D Energy Efficient Commercial Building…

ICS Tax, LLC (ICS) is excited to announce that its president, Alex Bagne, was elected as the President of the American Society of Cost Segregation Professionals (ASCSP). The ASCSP was founded in 2006 as the preeminent…

A new study published by a leading regional economic modeling and policy analysis firm published a report on of the economic effects of extending the §179D Energy Efficient Commercial Buildings Tax Deduction. The results…

ICS Tax, LLC is pleased to announce a strategic partnership with the Construction Industry CPAs/Consultants Association (CICPAC); a national association of accounting firms serving over 11,000 construction companies.…

On May 4, 2017, Senator Ron Wyden along with 21 other Senators introduced The Clean Energy for America Act in the Senate.

ICS Tax is proud to be an exhibitor at the 34th Annual President's Seminar for the Tax Executives Institute.

The IRS released Notice 2017-6, which better allows taxpayers to take advantage of the Tangible Property Regulations (TPRs).

The First National Bank Building sign is officially lit after being dark for 10 months. ICS Tax is proud to be a part of this exciting project in Downtown St. Paul.

For many businesses and business owners, the outcome of the 2016 election could be quite rewarding.

Alex Bagne and Mike Piper are heading to Orlando, Florida to attend the annual conference of the American Society of Cost Segregation Professional (ASCSP).

ICS Tax is looking forward to presenting information regarding Federal tax incentives for the Dakota Electric Association's Commercial & Industrial Fall Meeting on November 3rd. The DEA is a member-owned, electric…

The IRS released final regulations concerning the application of the R&D tax credit to “internal use software” (i.e., software which is developed by or for the benefit of the taxpayer). Examples of internal-use software…

Alex Bagne and Mike Piper presented tax planning strategies specifically for the construction industry at the Columbus Contractors Network's Construction Success workshop.

The IRS recently released an Audit Techniques Guide titled “Capitalization of Tangible Property”.

The ICS Tax, LLC sister company, ICS Consulting, Inc., was just named one of the Minneapolis/St. Paul Business Journal’s Best Places to Work in 2016 for the second year in a row!

ICS is providing specialty tax and cost segregation related services for Ted Glasrud Associates, a Twin Cities based property management and development firm, for approximately 2 million square feet of commercial and…

ICS Tax president Alex Bagne co-published an article on Avoiding Recapture Tax in Cost Segregations, featured in the AICPA's Tax Insider newsletter.

ICS happy to announce that we are working on behalf of Eide Bailey, LLP to provide specialty tax consulting services for the Scheels All Sports facilities portfolio.

ICS Tax President Alex Bagne is published in "Disclosures" magazine, published by the Virginia Society of CPAs

Alex Bagne published in Bloomberg BNA on Dispositions of Tangible Property-IRS Restricts Use of Discount Value Approach.