Services

Services

Export Tax Management (ETM) is a premier professional services firm in the United States dedicated to the IC-DISC.

Our IC-DISC services include:

IC-DISC Incorporation and Corporate Structuring:

  • Gather understanding of your business and products that qualify for IC-DISC benefits.
  • Incorporate and structure your IC-DISC to provide the maximum federal tax savings while remaining non-invasive to your daily operations.

IC-DISC Maintenance:

  • Analyze quarterly and semi-annual estimated IC-DISC tax savings to realize immediate tax savings.
  • Monitor and evaluate your IC-DISC structure to ensure IC-DISC is in full compliance in areas such as qualification of export sales, timing of commission payments and dividends and other required IRS filings.

Annual IC-DISC Compliance:

  • Prepare IRS Form 1120-IC-DISC returns and all related schedules for timely and accurate filing with the Internal Revenue Service.

Transaction-by-Transaction Optimization using ETM’s proprietary software application:

  • Utilize all Intercompany Pricing methods such as product and product-line marginal costing, special no-loss rules, loss optimization as well as all other methods to ensure that you receive the greatest federal income tax savings from your IC-DISC.
  • Compile all necessary IRS Schedules P (http://www.irs.gov/pub/irs-pdf/f1120idp.pdf)  for each IC-DISC qualified transaction, which are required by the Internal Revenue Service for a complete filing of annual IRS Form 1120-IC-DISC.
  • Provide the most comprehensive documentation and analysis available so you and your tax counsel fully understand the IC-DISC process as well as the results.

IRS and State Taxation Authorities Examination Representation:

  • Represent you throughout any audit and/or examination process up to and including the appeals process.
  • Prepare all documentation for response to Information Document Requests (“IDRs”) and other requests from taxation authorities.

Due Diligence and redetermination of tax savings for previously filed IC-DISCS:

  • Assess the potential benefit of amending a previously filed IC-DISC.
  • Compile Amended Form 1120 IC-DISC and all supporting schedules.

Please contact us about a free assessment of potential savings for an existing IC-DISC or the implementation of a new IC-DISC structure.