CPAs, Enrolled Agents & Tax Attorneys

This presentation is for CPAs, Enrolled Agents, & Tax Attorneys looking for "Collaborative Growth Partners" to help expand their

suite of services & enhance their "Value Proposition" in 2024.

We believe in a Holistic, Family Office type of environment with our partners that reflects the broad needs of our clients.

Split Dollar Executive Bonus Plans | Workers Comp Risk Mitigation

The Benefit Store is the Nation's #1 producer of Split Dollar Executive Bonus Plans with our carriers.

We also created the #1 360 Wellness + Workers Comp Risk Mitigation Platform. Our Team of licensed experts understand business owner's pain points, needs for accessing their capital in very tax advantaged ways, and hedging risk against future workers comp claims and rising premiums.

Here's a few talking points that we'll cover in the presentation.

Comprehensive Financial Planning:

As financial professionals we aim to provide holistic financial advice. By incorporating life insurance strategies, specifically split dollar executive bonus plans, into their advisory, tax professionals like you can offer a more comprehensive suite of services. This can lead to better financial outcomes for clients and increase your value as an advisor.

Tax Efficiency:

Split dollar executive bonus plans can be structured to provide tax-efficient compensation strategies for key employees and executives. These plans can offer tax benefits such as deductible business expenses for the employer and deferred taxation for the employee. With your expertise in tax planning, you can guide your clients in optimizing tax benefits while ensuring compliance with tax laws.

Attracting and Retaining Top Talent:

In today’s competitive job market, businesses are looking for innovative ways to attract and retain top talent. Split dollar plans are an attractive benefit that can differentiate an employer. Professionals advising business clients on compensation strategies can refer them to life insurance agents specializing in these plans, thereby enhancing the employer’s benefits package and helping retain key personnel.

Estate Planning and Wealth Transfer:

Split dollar plans can also be used effectively in estate planning and wealth transfer strategies. Professionals working with high-net-worth clients can collaborate with life insurance agents to create plans that minimize estate taxes and facilitate the transfer of wealth to the next generation in a tax-efficient manner.

Risk Mitigation:

Life insurance is a fundamental component of risk mitigation. Professionals understand the importance of mitigating financial risks, including the risk of premature death of a key executive. By working with a life insurance agent, you can help your clients implement strategies that protect against this and other financial risks.

Networking and Referrals:

Building relationships with other professionals, such as life insurance agents, can lead to mutual referrals. This not only expands your network, but also enhances their reputation as a well-connected advisor who can bring in the right expertise as needed. Creating a holistic, family office environment serves the best interests of the clients.

Education and Support:

Life insurance agents specializing in executive bonus plans often have deep knowledge of their products and the regulatory environment. They can provide professionals like yourself, and their clients with education and ongoing support to ensure the plans remain compliant and continue to meet the clients’ evolving needs.

Customization:

Every business and executive has unique needs. Life insurance agents can offer customized solutions that match the specific requirements of your clients. This level of personalization can significantly improve client satisfaction and financial outcomes.

Our CPA, Enrolled Agent & Tax Attorney Partners

appreciate partnerships that...

✅ Compliment their current suite of services (solves client pain points, protects their bottom line)

✅ Establishes a greater "Value Proposition" for existing/future clients

✅ Communicates well, and abides by an unwavering set of Morals, Ethics & Integrity

✅ Confidence their partners will execute and close business.

Our "Value Proposition" Products

360 Wellness + Workers Comp Risk Mitigation

Typically a businesses largest expense next to Payroll. Premiums

and claims are on the rise. Did you know that the #1 contributing

factor in Workers Comp Claims is Mental Health at 52%?

This product hedges Employers against Workers Comp Claims

and rise in Premiums by providing an incentivized "add-on"

benefits platform to Employees.

Our platform has a 98% employee participation rate, and focuses

the Mental, Physical, and Financial fortitude of an Employer's workforce.

Our platform also has "Zero Additional Net Costs" to the Employer or Employees.

Split Dollar Executive Bonus Plans

Being the #1 producer of these plans Nationwide with our carriers, here's what we know. Business owners want to pay less tax, simple as that. They want to access their corporate earnings in the most tax advantaged ways. They do not want to pay the 20% retained earnings tax.

They want a solution that allows them to access their capital without paying a Distribution/Dividend tax, without hanging onto the capital and paying a Retained Earnings tax, also while being able to still show the capital on the balance sheet.

A properly designed Executive Bonus Plan can be the additional tax insulator when deductions have been maximized. Our partnership allows you to increase your value proposition by recommending a "potential" solution for your client that goes beyond what you can do.

** Not every client qualifies, nor after a deep dive call, do we recommend they move forward.

However, it's ALWAYS worth a discussion, and determining what's in the best interest of the client.

There's No Better Time Then Now!

There's No Better Time Then Now!

A MASSIVE Opportunity.

Inflated Balance Sheets: Up from $1.6B in 2020 to over $5.8B in 2024.

Establish relationships built on Trust and Prosperity.

At Our Core, Here's What We Know

✅ Our Reputation means everything to us.

✅ Beyond financial gain, if our reputation is tarnished, we have very little to gain. We know the same is true for our partners.

✅ We do NOT work with every financial professional that approaches us, nor would be expect to be a right fit for everyone.

✅ We like to get to know our partners, we want them to know us.

✅ We expect and create "Clarity" and "Expectations". Communication is our #1 deliverable, and one that we ask in return.

✅ We're looking for partners with sound Morals, Ethics and Integrity. We know you would want the same. In the heart of collaboration, and success in our businesses, we hope that's with you.

A REAL OPPORTUNITY TO CREATE A PROFOUND IMPACT

1.7M+

C-Corps

3.7M+

C-Suite Executives

131M+

Full-Time Employees

$5.8B+

On Balance Sheets

TBS is creating a Paradigm Shift!

One of our most profitable products is our Workers Comp Risk Management Solution.

This product hedges Employers against Workers Comp Claims and rise in Premiums by providing an incentivized "add-on" benefits platform to Employees. Our platform has a 98% employee participation rate, and focuses the Mental, Physical, and Financial fortitude of an Employer's workforce.