Tax Strategies

As a principal owner you can enjoy the benefits offered by the Executive Bonus Plan, also known as IRS Section 162 designed to allow a business to reward and of course, retain that key associate whom you need to keep by your side.

Are you considering reduce the taxes’ impact in your business?

You may use your business dollars to reward yourself and your key employees with a bonus plan that uses the power of a permanent life insurance policy.

The benefits include:

  • Selective participation
  • Deductible as a compensation expense by the business.
  • Minimal personal out of pocket.
  • Potential for retirement income through tax free loans and withdrawals.

Regardless of your decision we can help you map the correct strategy.