ICS made a daunting and technical process very simple and painless. They walked us through every step of the way and were organized and efficient. They were also able to help us generate significant savings. We’ve been using their services for three years and will definitely keep coming back....
The §179D Energy Efficient Commercial Building Deduction and the §45L Energy Efficient Home Credit are valuable tax incentives that encourage energy efficient design in both commercial and residential construction set to expire at the end of 2020. However the Extender Coalition seeks to extend them....
Client Sues CPA for Failing to Advise of IC-DISC Tax Strategy and Then Covering It Up...
ICS Tax welcomes Steve Samos as the Director of Inspections to assist with the 45L Energy Efficient Home Credit....
Due to COVID-19 concerns, the IRS has provided temporary procedures that allow taxpayers to fax the required duplicate copy of Form 3115, Application for Change in Accounting Method, when making an accounting method change using the automatic consent procedures....
Some promising news for responsible building owners, home builders, and those who design energy efficient public buildings...
The CARES Act makes taxpayer-friendly changes to NOL carryforward rules commencing January 1, 2018....
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....
As part of a $2 trillion dollar relief package, two provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act benefit many real estate owners....
The primary mission of American Society of Cost Segregation Professionals (ASCSP) is to create quality standards for the cost segregation industry. As part of this role, it identifies and clarifies misconceptions. The ASCSP published an article that corrects several errors in a recent publication by the Forbes Finance Council....