Export Advisors Blog

The Drawbacks of Trying to Implement an IC-DISC without Expert Help

Posted by David Spray on Aug 10, 2017 10:08:28 AM

Once you've done your research into the origins of the IC-DISC program and used our Potential Savings Calculator to learn just how much per year you could save by maximizing your after-tax income, you may feel ready to take on the task and set up your IC-DISC yourself.

While we've met with businesses in the export industry that have set up their IC-DISCs without utilizing expert help, we've generally found that they took more than a few risks in doing so.

Today, we'd like to look at the risks of taking a DIY approach to IC-DISC instead of speaking with someone who has experience and knowledge of the program's complexities.

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How Does the IC-DISC Encourage Exporting?

Posted by David Spray on Jul 19, 2017 10:14:28 AM

For members of the export industry (and even those who may not realize they have business transactions that qualify as exports!), the IC-DISC can help to maximize after-tax income, increasing value for your shareholders and yourself.

The IC-DISC was created in 1971 to encourage exporting, and you may be wondering just how it does that.

As part of our series on the basic facts of the IC-DISC program, we'll take a short look at that today.

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Why Don't More Business Owners Use the IC-DISC Program?

Posted by David Spray on Jul 6, 2017 12:51:03 PM

In our previous posts, we've walked you through the details of the IC-DISC program, a financial incentive for exporters, as well as the program's history and the different options available. After reading our blog posts, you may be wondering why more business owners aren't taking advantage of the IC-DISC program.

The answer is a simple one.

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Topics: IC-DISC: The Basics

U.S. Export Industry News Roundup, Vol. 1

Posted by David Spray on Jun 22, 2017 12:13:46 PM

As part of our work to support United States exporters by helping them utilize financial incentives like the IC-DISC, we stay up-to-date on the latest changes to export markets here and abroad. 

We put together a short list of recent United States export industry news, including taking a look at the end of our "lemon war" with Argentina.

In an increasingly volatile and ever-changing global marketplace, keeping up on recent events is always important for exporters who want to stay ahead of the game.

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Topics: Industry News

How Do I Get Started With the IC-DISC?

Posted by David Spray on Jun 13, 2017 10:00:00 AM

If you've only recently been made aware of the IC-DISC and its tremendous potential as a financial incentive for exporters, you may not know exactly where to begin.

  • Do you contact your CPA?
  • Is this something you can do on your own?
  • What information do you need to have on hand?
  • What should you do if you don't know where to find the right information?

Today, we'll take a quick look at getting started with the IC-DISC.

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Topics: IC-DISC: The Basics

Are There Different IC-Disc Options?

Posted by David Spray on May 25, 2017 7:58:22 AM

While we've introduced you to the basic history of the IC-DISC and how the program is utilized to help exporters maximize their potential income, we've really just started digging into everything there is to know about the program.

Are there different IC-DISC options for you to choose from? With Export Advisors, there are. We'll walk you through our three IC-DISC options, designed to let you decide which works best for your business.

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Topics: IC-DISC: The Basics

What Are My Potential Savings With the IC-DISC?

Posted by David Spray on May 9, 2017 12:05:43 PM

When looking into the IC-DISC and whether or not you qualify for this financial incentive for exporters, you may be wondering one simple question: "Will the potential tax savings of the IC-DISC be worth the cost of the program?"

Today, we'd like to take a look at the potential savings you could see if you implement the IC-DISC using an IC-DISC provider like Export Advisors.

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Topics: IC-DISC: The Basics

Have You Heard About the EXIM Alliance Program for Exporters?

Posted by David Spray on Apr 27, 2017 6:52:52 AM

While we here at Export Advisors like to focus on the IC-DISC and the ways that utilizing financial incentives for exporters can help you maximize potential tax savings by increasing your after-tax income, we also keep an eye out for news within the export industry.

Recently, we came into contact with a representative of EXIM, or the Export-Import Bank of the United States, a government department designed explicitly to provide support and resources to the export and import industries.

We recently noticed a new update from EXIM that we believe is essential reading for exporters who are looking to compete more effectively on the global markets.

The news update is about the new EXIM Alliance program.

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Topics: EXIM Bank, Industry News

Why Should I Consider the IC-DISC?

Posted by Heidi Willard on Apr 12, 2017 6:02:00 AM

While death and taxes are two certainties in life, how much you pay in taxes is indefinite. Thanks to programs like IC-DISC (Interest Charge Domestic International Sales Corporation), exporters can maximize their potential after-tax savings.

IC-DISC, one of many Financial Incentives for Exporters (FIFE), is a worthwhile program designed to save exporters money in the long run.

Here are three ways to know if you should consider the IC-DISC program:

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Topics: IC-DISC: The Basics

What IS The IC-DISC, Anyway?

Posted by David Spray on Mar 29, 2017 1:15:45 PM

When discussing the IC-DISC and why it's a great option for members of the export industry looking to maximize their potential tax savings, we find that the best place to start is by explaining just what the IC-DISC is and how it came to exist in the first place.

In this short introductory post, we'll focus on the bare bones essentials and basic history of the IC-DISC.

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Topics: IC-DISC: The Basics