Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule

By | January 18, 2019

  • January 21, 2019 at 12:56 pm
    Michael A. Rudolph, LTCP says:
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    While I am happy with the suggestion in this article that I am not subject to the exemptions outlined earlier in the initial regs, I just finished a meeting with our CPA’s yesterday after these new regs were finalized by the Treasury. They contradict this article and say that our business, because of providing “personal advice” and that our commission income is reliant on that personal advice, is considered still part of the businesses listed in the exemptions. Now I am really confused?

  • January 21, 2019 at 5:25 pm
    SacFlood says:
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    Time to get a new CPA, one who is used to working with Insurance Agents. Reminds me of the so-called “financial advisors” who recommend against getting annuities. The CPAs and the EAs will soon become familiar with this new IRS guidance, and will help you to file your taxes accordingly.

    • January 22, 2019 at 11:27 am
      Agent says:
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      I expect the Dems to go after this ruling and try to increase taxes on agents.

  • January 23, 2019 at 7:18 am
    PolarBeaRepeal says:
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    One comment has been deleted, per a ‘4’ count on the tab, with only 3 comments appearing before I wrote this comment. Thanks IJ staff, for deleting comments that violate your rules!

    • January 23, 2019 at 11:53 am
      Agent says:
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      Polar, I have had discussions with IJ honchos about this problem and it is falling on deaf ears.

      • January 24, 2019 at 10:34 am
        rob says:
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        you mean after repeatedly insulting Andrew’s journalistic integrity, accusing him of blatant liberal bias and other BOT conspiracies, and making repeated ad hoc attacks against pretty much anyone here who disagrees with you, he didn’t immediately drop what he was doing and cater to your needs? I’m SHOCKED….SHOCKED, I tell you.

        • January 29, 2019 at 3:20 pm
          Agent says:
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          Confused, did you change your moniker to rob? You sound a lot like Confused. Yes, it is true IJ has leaned left for several years now and it is apparent to everyone but you.

    • February 12, 2019 at 4:24 pm
      Agent says:
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      Polar, I will be forever grateful to our great President for doing this great deed. He understands business, is making America Great again. Not tired of winning. KAG, KAG



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