Author: Ivan Tax

Roby Development leverages expertise and creativity to deliver high-quality developments that are thoughtfully designed and financially sound. Joel Roby, Principal at Roby Development, provided ICS Tax with a 5 out of 5 for overall experience, timeliness of service, and likelihood to recommend, noting: "Great to work with!"....

ICS Tax is pleased to announce that Amanda Keith has joined our team as an Accounting Specialist. Amanda brings over 15 years of dedicated experience to ICS Tax, helping businesses navigate payroll, bookkeeping, and financial reporting with confidence. Throughout her professional career, she has led software transitions, improved financial reporting processes, and managed benefits administration with a continuous focus on efficiency and reliability....

ICS Tax, LLC announced the promotion of Michelle Mackerdichian to Partner. Based in Columbus, Ohio, Michelle has more than 14 years of experience in specialty tax consulting and has helped clients identify hundreds of millions of dollars in tax savings. She will continue supporting clients nationwide through strategies such as cost segregation, R&D tax credits, and energy-efficient incentives, while contributing to the firm’s growth in key markets....

ICS Tax recently completed a Cost Segregation study for Daifuku, a global leader in automated material handling and logistics systems. The study involved the expansion of a manufacturing plant located in a suburban area of northwestern Indiana. The project was completed in 2025, with the new expansion adding approximately 26,900 square feet of floor space, bringing the total facility size to approximately 59,200 square feet....

The deadline to qualify for the §179D Energy Efficient Commercial Buildings Deduction is rapidly approaching. To preserve eligibility, construction must begin before June 30, 2026. The IRS provides flexible methods to establish a qualifying start date, including the Physical Work Test and the Five Percent Safe Harbor, but each requires careful documentation and ongoing progress. ...

The One Big Beautiful Bill Act (OBBBA), enacted July 4, 2025, restores immediate expensing for domestic R&D costs under new Section 174A and reverses the prior requirement to capitalize and amortize these expenses beginning in 2022; importantly, eligible taxpayers can retroactively apply this treatment to 2022–2024 by filing amended returns under Rev. Proc. 2025-28, allowing full deductions in the year incurred and potentially generating refunds or increasing net operating losses, but action must be taken by July 6, 2026 or earlier if the statute of limitations applies; taxpayers also have a limited opportunity to make or revoke a Section 280C election for those same years, which directly affects how R&D deductions interact with the R&D credit and can materially impact overall tax outcomes; if no action is taken, expenses remain subject to unfavorable amortization rules and the opportunity to optimize both deductions and credits is effectively lost....

Alexander Bagne, President of ICS Tax, LLC, and Micki Vandeloo, President of Lakeview Consulting, Inc., will be featured speakers in an upcoming Wolters Kluwer webinar in May. During the session, Alex will discuss key federal tax incentives available to U.S. manufacturers, including Qualified Production Property, 100 percent bonus depreciation, immediate R&D expensing, IC-DISC, and the Section 45X Advanced Manufacturing Production Credit. Micki will address common misconceptions that prevent manufacturers from pursuing grant funding, identify client scenarios that may be well suited for grants, and examine how evolving economic development priorities, such as workforce development, reshoring, energy efficiency, and supply chain resiliency, are shaping incentive and grant programs....

Congressman Brian Fitzpatrick, in partnership with North America’s Building Trades Unions, introduced the American Energy Dominance Act, a bipartisan proposal to restore long‑term certainty to critical federal energy tax incentives. If enacted, the legislation would restore the §179D Energy Efficient Commercial Buildings Deduction, extend the §45L New Energy Efficient Home Credit through 2032, preserve clean electricity credits under §48E, and extend deadlines for clean hydrogen investment....

ICS identified over $70,000 in Federal and state R&D credits for Oertel Architects in Saint Paul, Minnesota. The Research & Development (R&D) tax credit is a federal and state incentive available to architecture firms for technical design activities that involve resolving engineering or performance uncertainty...