2018 Proves to Be Another Record-Setting Year
Insurance agents can now deduct the lesser of 20% of their pass-through Qualified Business Income (“QBI”) received from their agency’s insurance commissions and fees or 20% of taxable income over net capital gain, on their personal tax returns.
The next chapter of full employment for CPAs has hit bookstores and is creating a stir everywhere from your local CPA to the automation vendors. But what does this really mean to the insurance distribution system?
People are the backbone of any business—they produce sales, retain clients and deliver services.
Producer incentive compensation is a hot topic that perplexes many agency owners. Historically, significant innovation around this topic has been minimal.
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