Insure your own business risks — deduct up to $2.8M/yr of premiums, receive tax-free.
IRC §831(b) lets a small captive insurance company (owned by the operating business's owner) elect to be taxed only on investment income — up to $2.8M/yr of premiums received are TAX-FREE. The operating business deducts the premiums as ordinary expense. Legitimate uses: cyber, business interruption, key-person, product liability gaps, weather. IRS scrutinizes aggressively (Notice 2016-66 reportable transaction) — must have real risk transfer, arm's-length pricing, and actuarial support. NOT DIY.
Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.
Front-load depreciation on real estate to slash current-year taxes.
Turn W-2 income into tax-free passive rental losses.
Defer capital gains indefinitely by rolling into bigger real estate.
Defer + eliminate capital gains via OZ funds.
Rent your home to your business up to 14 days/year — tax-free.
Deduct 20% of pass-through business income.
Slash self-employment tax on profits above ~$50K.
Expense equipment, vehicles, and property in year one.