McGuire Sponsel minimizes filing and maintenance burdens for clients, while maximizing commissions and tax savings. Our IC-DISC team identified an opportunity for a food processor and distributor. With $10 million in international sales, the business regularly exports goods. The client was previously only reaching a commission number of $295,000 using the simple calculation. When McGuire Sponsel received more sales detail and ran a transaction-by-transaction calculation, we were able to generate a commission of $680,000. This increased the commission by $385,000, which increased the tax benefit by approximately $60,000.
If a U.S. business regularly exports products or services, an IC-DISC may provide substantial tax savings.
Do you Qualify for an IC-DISC?
To find out if you or your client may qualify for an IC-DISC, complete and submit the form below. One of our IC-DISC professionals will contact you to complete a free evaluation.
Are the exported products manufactured, produced, grown or extracted in the United States?
Will the products be held primarily for sale, lease or ultimate consumption permanently outside the United States?
How much revenue is generated from export sales?