EP 018 - Manage Risk and Reduce Taxes Using Captive Insurance Companies w/ Keith Langlands

07/09/2022 55 min
EP 018 - Manage Risk and Reduce Taxes Using Captive Insurance Companies w/ Keith Langlands

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Episode Synopsis

Send us a textJoin me and Keith Langlands, CPA as will discuss one of my favorite tax strategies - Captive Insurance Companies! This can be a powerful tool to self-insure against a wide variety of risks in your business, and will be structured in a way that can save you millions in taxes over the life of your business. Some of the many potential tax benefits include:- Moving Income from 1040 to C-Corps with Lower Tax Brackets- Qualifying for More Qualified Business Income Deductions- Converting Ordinary Income to Capital Gains Income- Creating Tax Advantage Vehicles to Invest in Securities- Shifting and Timing of Income and Exit Tax Planning OpportunitiesIn this webinar we will discuss:- How to Create Captive Insurance Companies- What Kinds of Businesses Benefit from Captive Insurance Companies- Risk Reduction Benefits of Captive Insurance Companies- Tax Benefits of Setting up a Captive for Your Business

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