Elliott Davis Decosimo International Articles

IC-DISC Update

December 20, 2013 by Kay Biscopink, CPA and Doug Hayes, CPA

For companies exporting from the U.S., the Interest Charged Domestic International Sales Corporation (IC-DISC) is the only significant remaining tax incentive which may provide a permanent tax benefit for exporters. There are two types of IC-DISCs: Commission IC-DISCs and...

Business Fraud – Study Says It’s Not Going Anywhere

February 8, 2013 by Charles W. Schulze, CPA, CFF, CFE

A typical business loses about five percent of its annual revenue to fraud. That statistic comes from the most recent study conducted by the Association of Certified Fraud Examiners. And while this number has been holding steady for...