The IRS recently released an Audit Techniques Guide titled “Capitalization of Tangible Property”. Audit Techniques Guides (ATGs) help IRS examiners during audits by providing insight into issues unique to specific industries. While designed to provide guidance for IRS employees, these guides are useful to business owners and tax professionals as...

ICS Tax president Alex Bagne co-published an article on Avoiding Recapture Tax in Cost Segregations, featured in the AICPA's Tax Insider newsletter. The recapture tax rules require taxpayers to pay back any tax deductions for accelerated depreciation when appreciated property is sold...

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...