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?

Successful business owners and industry leaders will tell you that strategic planning is essential to helping achieve goals.

As a business owner, your instinct is to be the first-mover—that entrepreneurial spirit and competitive streak is part of why you’re successful.

The insurance agency system is being disrupted by the acceleration of technological advancement, but not in the way you might think.