The IRS recently published Rev. Proc. 2019-43, which is an updated list of automatic accounting method changes....
ICS Tax has been terrific to work with. They help us identify R&D projects, qualify expenditures, prepare necessary support, and achieve significant tax credits year after year. They ask the right questions that draw out the information they need, and they translate all that into data for the tax returns. We have confidence in the...
While many tax breaks have been reduced or expired, Research and Development (R&D) tax credit has been in existence for over 30 years and recently made permanent. The R&D tax credit has generated over $12 billion dollars annually for companies engaging in research activities. While most Fortune 500 firms claim it, many in the construction industry erroneously believe they do not qualify. In fact, only about ten percent of eligible businesses actually take the R&D tax credit....
Alex Bagne and Steve Ruda exhibited as well as presented on Often Missed and Underutilized Tax Strategies at the Be Worth It conference in Omaha, Nebraska. This was followed by a very moving speech by renowned environmental activist and consumer advocate, Erin Brockovich....
Alex Bagne, the President of ICS Tax, LLC as well as a former President of the American Society of Cost Segregation Professionals (ASCSP), co-authored an article on the interplay between Qualified Opportunity Funds and Cost Segregation for the ASCSP Summer 2019 Quarterly Newsletter....
Some promising news for responsible building owners, home builders, and those who design energy efficient public buildings...