Export Advisors Blog

U.S. Export Industry News Roundup, Vol. 2

Posted by David Spray on Oct 11, 2017 9:40:00 AM

Part of our effort to support those involved in the United States exporting industry involves keeping an eye out for interesting news involving U.S. exports.

Our first U.S. Export Industry News Roundup was back in June, so we thought we'd take a look at what's new this fall in exports.

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Topics: Industry News

the IC-DISC Is an Exporter's Dream Come True

Posted by David Spray on Sep 21, 2017 5:51:58 PM

The technology that fuels our economy continues to change, with increased efficiencies allowing for exporters to work in a truly global marketplace.

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Topics: IC-DISC: The Basics

3 IC-DISC Mistakes Business Owners Make

Posted by David Spray on Sep 7, 2017 7:40:13 AM

The IC-DISC is an exceptional financial incentive for exporters, designed to help members of the export industry (or businesses whose transactions qualify as exports) to compete more effectively in an increasingly competitive global marketplace.

Many business owners work with IC-DISC experts like Export Advisors, or even trust their CPA firm to take care of the process on their behalf, and don't necessarily worry about the day-to-day details of the program.

Some business owners assume they can handle the whole process themselves, from initial implementation to continued management of the DISC, but they eventually become bogged down with the extra work of maintaining a Qualified status or even find themselves making mistakes with serious risks and potential consequences.

We'd like to walk you through three IC-DISC mistakes business owners make and how you can avoid them.

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Topics: Risks of the IC-DISC

Why CPA Firms Should Consider Using Export Advisors For the IC-DISC

Posted by David Spray on Aug 24, 2017 2:30:00 PM

Since the IC-DISC began as a financial incentive for exporters (and those whose transactions qualify as exports) that helps to maximize after-tax income, many exporters simply assume that if the IC-DISC is right for them, their CPA firm will handle it.

The truth is, CPA firms often rely on businesses that exclusively focus on the IC-DISC.

We here at Export Advisors often partner with CPAs and CPA firms, allowing their clients to reap the significant potential financial benefits of the IC-DISC without the possible risks involved in doing so without expert help.

How does working with Export Advisors help CPAs and CPA firms? Let's take a look.

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Topics: CPAs and CPA Firms

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