Are you an exporter? If any of the products that you manufacture, produce, grow, or extract in the U.S. are sold in other countries, you may qualify for a special tax incentive called the interest charge domestic international sales corporation or IC-DISC. The IC-DISC is an election created by the IRS to help American companies […]
How Exporting Goods Can Lead to Tax Savings: Setting Up an IC-DISC Read More »
If your company sells goods made in the U.S. to foreign countries, you will want to familiarize yourself with this tax incentive: the interest charge domestic international sales corporation, more commonly known as the “IC-DISC.” Geared specifically toward American exporters, this incentive helps companies become more globally competitive by lowering their U.S. taxes. Below we
How Exporting Goods Can Lead to Tax Savings: Discovering the IC-DISC Read More »
How many of the companies you work with are exporters? Your clients may not readily identify themselves this way, but if any of the products they manufacture, produce, grow, or extract in the U.S. are sold in other countries, they may qualify for a special tax incentive called the interest charge domestic international sales corporation
Tax Breaks for Businesses: Setting Up an IC-DISC Read More »
If you are working with a company that sells goods made in the U.S. in foreign markets, you may want to introduce this lucrative tax incentive: the interest charge domestic international sales corporation, more commonly known as the “IC-DISC.” Geared specifically toward American exporters, this incentive helps companies become more globally competitive by lowering their
Tax Breaks for Businesses: Discovering the Benefits of the IC-DISC Read More »
Sometimes we don’t recognize a good thing until it is gone. For most, that is turning out to be the case with Qualified Opportunity Funds (QOFs). Often misunderstood and underutilized, QOFs provide a tremendous opportunity for long-term tax-free growth of wealth, similar to a ROTH IRA. Historical Background Opportunity Zones were created through the Tax
Qualified Opportunity Funds – A Once in a Generation Tax Incentive to Grow Wealth Read More »
Sometimes we don’t recognize a good thing until it is gone. For most, that is turning out to be the case with Qualified Opportunity Funds (QOFs). Often misunderstood and underutilized, QOFs provide a tremendous opportunity for long-term tax-free growth of wealth, similar to a ROTH IRA. Historical Background Opportunity Zones were created through the Tax
Qualified Opportunity Funds – A Once in a Generation Tax Incentive to Grow Wealth Read More »