Captive Insurance
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Captive Insurance
How Many Other Ways Do You Have to Tax-Deduct
Up to $1.2 MILLION Dollars Pre-Tax into a Tax-Favorable Entity You own? Owning your own Closely-held Insurance Company (”CIC” — also known as Captive Insurance Company) can provide both surprising and satisfying results. If you prefer to watch a Video presentation explaining the value of CICs, please enjoy the video.
Fortune 500 companies have long used CICs to manage risks and gain tax advantages. However, it is only in the last decade that medium to small businesses have begun to take advantage of them as well. If the CIC is established and maintained properly, and if it’s suited to the economic needs of the business and its owners, it can be an ideal tool.