The Swiss Army Knife of Risk and Tax Strategy- 831(b) overview w/ Peter Dawson
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The Swiss Army Knife of Risk and Tax Strategy- 831(b) overview w/ Peter Dawson
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The Swiss Army Knife of Risk Resilience and Tax Strategy: Showcasing success stories and case studies of businesses that have harnessed the potential of 831(b) plans for both tax efficiency and risk management.
On this episode, we're joined by Peter Dawson, a tax strategy advisor with the 831(b) Institute and tax attorney with Prospera.
He gives a great overview of the 831(b) micro-captive policy, which presents a robust solution for businesses seeking comprehensive risk mitigation and tax optimization.
This specialized insurance vehicle extends coverage to traditionally uninsurable risks, providing a bespoke shield against unforeseen challenges. It also serves as an amazing tax saving strategy!
Tune in to discover how Peter helps businesses transform insurance premiums into tax-deductible expenses, affording them a smart route to both risk management and fiscal efficiency.