As manufacturing and production processes have increasingly left the United States in pursuit of cost savings, Congress has sought to create incentives whose primary aims are business retention and bolstering the national economy. One such incentive which can offer significant permanent tax savings opportunities is the IC-DISC. A frequently missed tax planning option, the IC-DISC should be understood and analyzed for potential implementation by all eligible entities.
To find out if your company is eligible, read the article in our Summer 2017 GYF Perspectives.