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No Cost Seminar - Exporting Tax Strategies - Lunch Session - NEPIRC - May 1...
Date: Wednesday, May 10, 2017
Time: 12:00 pm - 1:30 pm
Exporting Tax Strategies
Interest Charge Domestic International Sales Corporation (IC-DISC) — The strategy
The Northeastern Pennsylvania Industrial Resource Center (NEPIRC), in conjunction with Baker Tilly Virchow Krause, LLP, is hosting a no-cost seminar that provides an overview of exporting tax strategies.
IC-DISC still offers permanent tax savings for exporters. If your closely held company earns significant income from exporting US-made products—or from engineering or architectural services on foreign construction projects—consider forming an IC-DISC. An IC-DISC is relatively inexpensive to set up and operate, and it can reduce your federal tax rate on a portion of net export income by as much as 20 percent.
Register to gain a general understanding of the role of the IC-DISC in an organizational structure as well as the computation methods of an IC-DISC commission and the associated potential tax savings.
Who should attend?
CEOs, CFOs, controllers and shareholders and partners of closely held businesses
The learning objectives include:
- Learn the definition and gain a general understanding of IC-DISC
- Understand how to determine eligibility to create an IC-DISC
- Examine the role of an IC-DISC in a company’s overall tax strategy.
About the Presenter:
Matthew M. McNelis, Senior Manager
Matt has been practicing in public accounting for more than nine years. He has extensive experience serving a wide variety of manufacturing and distribution clients. His area of expertise is providing tax services to a variety of small business and mid-market clients, specifically focusing on closely held businesses and related shareholder/owner tax issues. He provides strategic tax applications and techniques, including accounting method changes, fixed asset reclassifications, inventory issues, and guidance on tax accounting issues related to long-term contracts to clients across the manufacturing, distribution, construction, and real estate industries.
Information about CPE eligibility:
There are no prerequisites for this seminar, and advance preparation is not required. There is no cost to attend this seminar.
CPE credit: One (1) hour total credit
Field of study: Taxes
CPE host: Kate Antolick
A certificate of completion will be e-mailed to you four to six weeks after the event. For more information regarding administrative policies such as complaint and refund, please contact 608-240-2522.
Baker Tilly Virchow Krause, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.