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Jun 22, 2026

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....

Jun 17, 2026

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....

Jun 11, 2026

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. ...

Jun 5, 2026

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....

May 1, 2026

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....

Apr 27, 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 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....

Apr 2, 2026

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...

Mar 18, 2026

The 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 important because it verifies adherence to PWA rules, enabling taxpayers to access significantly boosted incentives, such as the fivefold increase in the §179D deduction or the full 30% §48E credit on projects over 1MW, potentially adding millions in tax savings for qualifying projects....

Mar 11, 2026

ICS Tax is pleased to welcome Kevin Font as our newest Cost Segregation Manager. Kevin brings extensive experience in cost segregation and project management, having previously held roles at Big Four accounting firms. Kevin earned his degree from Louisiana State University’s College of Engineering, where he studied Civil Engineering and Construction Management. We are excited to have Kevin join the ICS Tax team and look forward to the value he will deliver to our clients nationwide. Outside of work, Kevin enjoys spending time with his two daughters, playing basketball, and cheering on LSU, the Saints, and the Pelicans....