Insights

Since 2016, ICS has delivered more than $125 million in documented tax benefits to its clients. Today, we are proud to celebrate our 10th anniversary.

ICS Tax, LLC welcomes Samantha Matthews, EA, as Regional Director based out of Conesus, New York.

ICS Tax is pleased to announce that Amanda Keith has joined our team as an Accounting Specialist.

ICS Tax, LLC announced the promotion of Michelle Mackerdichian to Partner.

The §179D deduction deadline is approaching. Learn how to preserve eligibility by starting construction before June 30, 2026 and maximize potential tax benefits.

Restore immediate R&D expensing under Section 174A and claim retroactive benefits for 2022-2024 before the July 6, 2026 deadline, including refund opportunities and Section 280C election considerations.

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…

Under current law, the §45L New Energy Efficient Home Credit expires for homes acquired after June 30, 2026.

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…

ICS Tax is pleased to welcome Diana Ontaneda as Cost Segregation Manager.

IRS has recently introduced Form 7220, Prevailing Wage and Apprenticeship (PWA) Verification and Corrections, to report compliance with PWA requirements for claiming increased tax credits or deductions. This form is…

ICS Tax is pleased to welcome Kevin Font as our newest Cost Segregation Manager.

The One Big Beautiful Bill Act (OBBBA), enacted July 4, 2025, significantly reshapes real estate tax planning by accelerating deductions while narrowing energy incentives. The Act permanently restores 100% bonus…

IRS Notice 2026‑16 provides long‑awaited guidance on Qualified Production Property (QPP), allowing eligible manufacturers to claim up to 100% bonus depreciation on qualifying production facilities. The guidance clarifies…

The §179D Energy Efficient Commercial Buildings Deduction has been adjusted for inflation in 2026, offering enhanced tax incentives for energy-efficient new construction as well as retrofits. To qualify, construction of…

The Inflation Reduction Act of 2022 introduced powerful energy-related tax incentives under Sections 179D, 45L, and 48E of the Internal Revenue Code.

The One Big Beautiful Bill Act (OBBBA) introduced Qualified Production Property (QPP), a new category of real estate eligible for 100% bonus depreciation under IRC §168(n). QPP refers to nonresidential real property that…

The latest NGBS Green Policy Roundup from Home Innovation Research Labs highlights promising developments in green building policy at both federal and state levels. Homes certified by the National Green Building Standard…

Discover how the One Big Beautiful Bill Act (OBBBA) reshapes key federal tax incentives, including changes to bonus depreciation, R&D expensing, energy credits, and manufacturing tax benefits. Learn what taxpayers and…

The One Big Beautiful Bill Act (OBBBA) effectively ends the long-term availability of the Section 48E Clean Electricity Investment Tax Credit (ITC) by imposing hard deadlines and accelerating its phase-out. For solar and…