After being engaged to work with a local manufacturer on their S Corporation tax return, we recognized large portion of their products were being shipped to customers overseas. We recommended and implemented an IC-DISC, which will save the owner of the company approximately $40,000 annually in taxes.
All Insights
May 15, 2015
Implemented an IC-DISC for the Export Sales of a Manufacturer
Keep up with Anders
Want to keep up with all the latest insights from Anders? Subscribe and receive the information that matters to you.
Related Insights
Stay on top of the trends that affect you, your business and your industry with blog posts from Anders team members.
-
October 17, 2023
Top 5 Tax Planning Tips for Manufacturers in 2024
The end of the Tax Cuts and Jobs Act (TCJA) and the introduction of the Inflation Reduction Act…
Read Full Article -
October 5, 2021
Building a More Valuable Business: Why Manufacturers Should Invest in the Four Types of Intellectual Capital
We often ask manufacturers and distributors, “What is the most important part of your business capital?” Top of…
Read Full Article -
August 31, 2021
Supply Chain Lessons Learned from COVID-19: Better Inventory Management for Manufacturers
The pandemic changed the way we do business, especially for manufacturers. From overnight supply and demand changes to…
Read Full Article