IRS increases focus on IC-DISC use by U.S. exporters

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ABA Tax Accounting | IC-DISC | St. Paul, MN Accounting Firm

International Tax - U.S. exporters increasingly are using interest-charge domestic international sales corporations as tax-planning devices, putting the issue on the Internal Revenue Service's radar. The IRS released an audit guide for IC-DISCs this year that can help CPAs direct clients' decisions. Read the full story at The Tax Adviser (10/2012). Considering a Tax Professional? For no obligation free consultation contact us today!
ABA Tax Accounting Amare Berhie, International Tax Advisor amare@abataxaccounting.com 612-282-3200 Toll free 866-936-0430 http://www.abataxaccounting.com