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Ground News has come across 6 headlines reported on by ICS Tax, LLC during the past 3 months.

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Top ICS Tax, LLC News

Musk criticizes Trump bill over abrupt end to energy tax credits

Elon Musk · United States

Musk criticizes Trump bill over abrupt end to energy tax credits

57% Center coverage: 7 sources

Outgoing administration adviser Elon Musk is criticizing Republicans’ signature policy bill to advance President Trump’s agenda as the he walks out the door, saying it moves too quickly to phase out Biden-era low-carbon energy tax credits. See the Story

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Musk criticizes Trump bill over abrupt end to energy tax credits

Musk criticizes Trump bill over abrupt end to energy tax credits

Musk criticizes Trump bill over abrupt end to energy tax credits

AMT BioProducts Corps, Massachusetts - ICS Tax, LLC

“The ICS team is knowledgeable, responsive, and highly skilled at uncovering tax-saving opportunities that benefit our business. They made the entire process seamless, from the initial consultation to the final results, and helped us unlock significant deductions and credits. We anticipate continuing to rely on their expertise and professionalism in the future.” Jeff Young Managing Member, AMT LA, LLC Advanced Marine Technologies (AMT), i…Business · Massachusetts Read Article

Brotherhood Limited Partnership. Ohio - ICS Tax, LLC

“It has been a pleasure working with ICS Tax on the projects they have completed for us. They were very responsive, knowledge and available for questions throughout the entire process of completing our cost segregation reports in a timely manor. Gary Richetelli President, CEO Cost Segregation Cost segregation is a powerful way to maximize depreciation deductions and minimize the tax burden for commercial property owners. » Cost Segregation The p…Orange, Connecticut · Orange Read Article

Potential Pitfalls of Converting Personal Use Property to Investment Use - ICS Tax, LLC

In a U.S. Tax Court case, Sherman Derell Smith v. Commissioner, T.C. Memo. 2025-24, dated March 24, 2025, Sherman Derell Smith disputed the IRS’s denial of a depreciation deduction for a rental property on his 2018 federal income tax return. The court ruled against the taxpayer, citing his failure to establish a proper depreciable basis under IRC §167 and Treas. Reg. §1.167(g)-1. Key Issues and Findings Depreciable Basis for Converted Property …Los Angeles, California · Los Angeles Read Article

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