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Tax planning strategies by using Keyman Insurance: Exploring the importance of Keyman Insurance in tax planning is crucial for business owners looking to protect their company's future. By leveraging this powerful tool, you can not only safeguard your business but also optimize your tax liabilities. Here's how Keyman Insurance can benefit you: 1. Mitigate financial risks associated with the loss of a key employee 2. Ensure business continuity and succession planning 3. Unlock tax advantages and deductions 4. Safeguard the company's financial stability during unforeseen events 5. Boost investor confidence and attract potential partners Join the conversation and share your thoughts on how Keyman Insurance has impacted you or your company! #TaxPlanning #KeymanInsurance #BusinessProtection 💼🔒

Your business's success hinges on key individuals. But have you considered the financial aftermath if you unexpectedly lose them? Keyman insurance offers protection, but it’s not as straightforward as it seems. Recent tax law changes have created a minefield of potential pitfalls for the unprepared. Our latest blog uncovers: 👉 The 2013 amendment reshaping Keyman insurance taxability 👉 Critical conditions for premium deductibility 👉 How payouts are taxed differently based on circumstances 👉 Why consulting tax professionals is no longer optional The link goes here: https://lnkd.in/dJtzj9bn Don't let tax complexities erode the value of your Keyman insurance. Arm yourself with the knowledge to protect your business and optimize your coverage. Read our comprehensive guide to navigate the evolving landscape of Keyman insurance taxability. In business, what you don't know can cost you. #hr #insurance #team #business

Hey insurance pros! Are you ready to take the headache out of accounting? At Linchpin, we’ve got the magic touch with a comprehensive suite of accounting services tailored just for you. Ready to sprinkle some accounting magic on your business? Let us crunch the numbers while you focus on what you do best - growing your insurance empire. Connect with us today and let’s make financial management a breeze! #Insurance #Brokers #InsuranceBrokers #InsuranceSolutions #InsuranceIT

An Immediate Financing Arrangement (IFA) is a strategy used mainly by high-net-worth individuals and businesses. An IFA offers the benefits of permanent life insurance and also allows you to access funds from the policy through a loan. A properly structured IFA can be a solution for some clients and this video highlights some of the key benefits. https://lnkd.in/gZ26zmJn #financialadvisor #financialliteracy #homeownership #financialadvisor #financialliteracy #personalfinance #businessplanning #financialadvisor #financialliteracy #estateplanning #financialadvisor #financialliteracy #personalfinance #personalfinance #investing #financialadvisor #financialliteracy #taxplanning #businessplanning #financialadvisor #financialliteracy #businessplanning #businessplanning #insurance #vancouverisland #halifax #centralalberta #reddeer #victoriabc #retirement

NAIFA is reviewing this 300+page rule. We will continue to work to ensure that #financial advisors can act as independent contractors, running their own small businesses, serving their clients. Our nation needs more #financialsecurity professionals, not less.

Attention Small Business Owners! 🌟 Do you work with 1099 contractors? It’s time to give your insurance policy a check-up. 💼 Ensure your coverage aligns with your total annual payroll, including payments to contractors. Accurate classification of employees and contractors is not just good practice for insurance, but also essential for tax purposes. Don't leave it to chance – reach out so we can confirm that your business is fully protected. - Ashley Duckett #insurance #insuranceagent https://lnkd.in/eBDJfHM #smallbusinessinsurance #1099contractors #payrollprotection #businesscoverage #insurancecheckup

The SAPWG adopted guidance for insurance entities on two statutory accounting matters: rejecting the FASB’s CECL requirements and providing guidance for ceding entities with reinsurance balances due from Scottish Re. Learn more in RSM US LLP’s recent article.

The SAPWG adopted guidance for insurance entities on two statutory accounting matters: rejecting the FASB’s CECL requirements and providing guidance for ceding entities with reinsurance balances due from Scottish Re. Learn more in RSM's recent article.

Protect your career and income with an Own Occupation rider. Learn more about this optional rider in this short educational video. #financialadvisor #financialliteracy #insurance https://lnkd.in/g4AjFkA3

The SAPWG adopted guidance for insurance entities on two statutory accounting matters: rejecting the FASB’s CECL requirements and providing guidance for ceding entities with reinsurance balances due from Scottish Re. Learn more in RSM's recent article.