David Spray

About David Spray

Does your company export (directly or indirectly) more than $3 million annually?Is your product manufactured in the U.S?Is your company privately held?If you are entitled to pay less in taxes, would you like to do so?At the IC-DISC Alliance, we specialize in helping businesses capitalize on theopportunity of the IC-DISC tax savings program.The tax savings potential of the IC-DISC program can be substantial. By leveraging thisincentive, exporters can increase their after-tax income, providing a powerful financialadvantage.Lower Tax Rates: The key to tax savings under IC-DISC is the difference in tax rates.Dividend tax rates are significantly lower than ordinary tax rates for high-income earners.Here\'s why you should choose us:Expertise: Our team of experts is well-versed in the intricacies of the IC-DISC program,ensuring that you can maximize your tax savings while staying fully compliant with thelaw. We have prepared more than IC-DISC tax returns and currently help morethan 400 companies with their IC-DISC program.Specialization: We do ONLY IC-DISC. To the best of our knowledge, we are the onlyfirm in the world that does NOTHING but IC-DISC work.Proprietary Programs: We have developed proprietary programs, processes, andsystems that streamline the management of IC-DISCs, making it easy for you to enjoythe benefits without the hassle.Peace of Mind: With the IC-DISC Alliance as your partner, you can focus on what you dobest – growing your business, while we handle the IC-DISC.How the IC-DISC Alliance can help:Navigating the world of IC-DISC requires careful planning and execution. The IC-DISCAlliance offers a range of services to assist exporters in optimizing their after-tax income.Our comprehensive services include:IC-DISC Formation: We handle all aspects of setting up your IC-DISC entity.Qualifying Export Income Analysis: We help you identify and maximize qualifying exportincome, a crucial step in maximizing your tax savings.Commission Calculation: Our team will assist in determining the appropriate commissionstructure that works best for your specific business model.Tax Compliance: the IC-DISC Alliance ensures that all your IC-DISC tax complianceneeds are met, so you can avoid costly penalties.Annual Reporting: We handle all the annual reporting requirements, including thepreparation of Form 1120-IC-DISC, so you can focus on growing your business.Audit Support: In the event of an audit, we provide comprehensive support to protectyour interests.

Experience

1. President

   Export Advisors

   Jul 2006 — Present

   As President, I utilize my expertise as a CPA and serial entrepreneur to work with clients who qualify for the IC-DISC incentive program, ultimately benefiting their bottom line and achieving maximum tax savings. IC-DISC stands for Interest Charge Domestic International Sales Corporation and is also referred to as a “DISC.” The DISC is an incentive program for exporters, part of the Internal Revenue Code since 1971. As a tax-exempt corporation, the IC-DISC earns income that would otherwise be taxable to the exporter. The spread between dividend and ordinary tax rates creates tax savings when distributed to the shareholder(s).Export Advisors is a Houston, Texas-based consulting firm that partners with privately-held exporters to help them increase their after-tax income by utilizing the IC-DISC program. Our strategic business focus has resulted in proprietary programs, processes, and systems that help companies keep their IC-DISCs running smoothly.

Education

• The University of Texas at Austin

  BBA, Accounting

  1983 — 1987

• University of Houston

  MBA, Marketing

  1990 — 1991