Independent agencies live on clean producer accounting, compliant payroll, and predictable after-tax cash flow. Our Insurance Agency Owner Tax & Entity Assessment pinpoints the silent profit leaks we see most: misaligned 1099 vs W-2 treatment for producers, S-Corp reasonable compensation that’s out of sync with owner duties, QBO chart-of-accounts that muddles commissions/bonuses/residuals, and multi-state exposure from remote staff or licensed producers. In about three minutes you’ll get a score with practical fixes to tighten compliance, lower taxes, and simplify monthly reporting.
We support agencies across Colorado, New Mexico, and Wyoming, so your next steps reflect regional realities. After you receive your score, explore CPA for Insurance Agencies for deeper guidance, review Monthly Packages, and see how proactive Tax Planning supports comp plans, retirement design, and distributions. If payroll or producer payouts are messy, our Bookkeeping & Payroll support can take the wheel. Ready to talk it through? Book a 15-minute call and we’ll map your fastest path to cleaner books and better margins. Start the assessment above.
Insurance Agency Owner Tax & Entity Assessment FAQs:
Who should take this assessment? Independent agency owners and principals with W-2 staff or 1099 producers in CO, NM, or WY.
What issues does it check for? Producer 1099 vs W-2 risks, S-Corp reasonable comp, multi-state payroll/withholding, and commission/residual mapping in QuickBooks.
What do I get at the end? A score with prioritized fixes and links to Insurance CPA guidance, Tax Planning, and Monthly Packages.
Can you help implement the changes? Yes—our team can handle cleanup, payroll alignment, and monthly reporting. Start with a 15-minute call.