Author: Ivan Tax

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The new smaller version of the proposed Build Back Better legislation includes details that will extend and limit the 45L tax credit to Energy Star and Zero Energy Ready homes. The U.S. House Select Committee on the Climate Crisis met on April 7th and heard testimony from the American Public Gas Association, the Alliance to Save Energy, and the...

"ICS was easy to work with and we were able to secure more allocation letters than ever before. Most importantly, we were able to file our taxes on time and didn’t have to file for an extension. We highly recommend ICS and look forward to working with them for years to come."...

ICS welcomes Phil Buell as a Senior Cost Segregation Engineer. Phil brings decades of accounting and construction engineering experience. He is both a Professional Engineer and a Certified Public Accountant licensed in the state of Tennessee. Phil is also an associate member with the American Society of Cost Segregation Professionals....

"We needed to stay open because people live here, which was challenging especially since we had to close our doors to visitors, family and friends. ICS did a fabulous job helping us claim these tax credits. Thank you"...

Our latest ERC experience includes an assisted living community that was mandating to stop showing its facilities to potential residents and otherwise lost revenues due to COVID-19-related issues. ICS analyzed their eligible wages and calculated their ERC claim for the 2020 calendar year. The total eligible wages were $519,635, which qualified for a total credit of $259,567 for the year 2020....