- Incorporate and structure IC-DISCs to provide the maximum federal tax savings while remaining non-invasive to your clients’ daily operations.
- Compile IRS Election to be an IC-DISC (Form 4876-A) for timely filing with the Internal Revenue Service.
- Prepare IC-DISC Related Supplier Agreement
IC-DISC Incorporation and Implementation
Annual IC-DISC Compliance
- Monitor and evaluate your clients’ IC-DISCs to ensure IC-DISC is in full compliance in all areas such as qualification of export sales, timing of commission payments and dividends as well as other required IRS filings.
- Compile IRC §861 Allocation and Apportionment Analysis to maximize Combined Taxable Income (CTI).
- Prepare IRS Form 1120-IC-DISC, Schedules P for all IC-DISC qualified transactions, and all other 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, 4% of Gross Receipts special rules, loss optimization as well as all other methods to ensure that you receive the greatest federal income tax savings from your IC-DISC.
- Provide the most comprehensive reports and documentation and analysis available so you and your clients fully understand the IC-DISC process as well as the results.
IRS and State Taxation Authorities Examination Representation
- Represent your clients throughout any audit and/or examination process up to and including the appeals process.
