Tax Schemes Targeting Farmers And Small Business Owners
Former North Dakota Attorney General and Senator, Heidi Heitkamp, says farmers and small business owners need to be aware of tax schemes that may prey upon their ambitions.
IC-DISC
Don’t Let Taxes Chip Away At Your Export Profits
Congress created a tax break for exporters, and we make sure you get every dollar you’re owed. Maximize your cash flow and fund your next move.
IC-DISC: The Last Remaining Export Incentive
Encouraging exports is a key pillar of our nation’s economic policy. Congress has designed a tax benefit to incentivize and reward those very activities by reducing tax liability and providing an increased cash flow for businesses to reinvest in future global commercial activities.
The Interest Charge–Domestic International Sales Corporation (IC-DISC) is the only export incentive available to U.S. businesses and their shareholders.
Businesses are excellent candidates for the IC-DISC if they are:
- U.S. companies that directly export their products
- U.S. companies that sell products destined for use overseas
- Pass-through entities and privately held corporations
Businesses don’t need to manufacture exported products themselves – as long as a substantial portion of the manufacturing is done in the U.S., the products can qualify for this benefit.
STUDY PROCESS
OTHER SERVICES
Solutions Tailored To Your Needs
R&D Tax Credit
The R&D tax credit rewards solving real business challenges—testing new approaches, improving processes, and refining products.
CPA Growth Services
With our CPA support services, your practice won’t just keep pace with the future; it will define it.
News & Insights
Why the R&D Tax Credit Could Bring Back Made in the USA
When I buy something with a Made in the USA sticker on it, I get a warm, fuzzy feeling. Because let’s be honest – it’s not something you see much of nowadays.
What are your chances of being audited now that the IRS is using AI? Jury is still out
Just looking at the raw numbers, less than 1% of filers have been audited by the IRS in recent tax years.
Tax experts: Don’t game IRS automated systems
Years ago, when someone filed an IRS return, the assumption was that the recipient reading it and making decisions based on what it said would be a human.
Speak with our experts
Schedule a free consultation with our team of experts!