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Club Capital Blog

2018 Tax Reform Impact on Meals, Entertainment, & Travel

By Javier Goldin on May 10, 2018

We have all heard about the new tax reform law that went into affect in 2018 but now that we've put our 2017 tax year behind us, do we actually know how the new tax reform is going to...

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The Three Financial Statements

By Javier Goldin on April 2, 2018

Does it seem like your agency is making less money than what your income statements are reporting? Having a hard time tracking where all your money is going throughout the month? While the...

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NOTICE: What Insurance Agents Need to Know About Their S-Corp Structure

By Javier Goldin on January 22, 2018

Are you incorporated? Do you have an LLC filing as an S-Corporation? Did you setup your S-Corporation as a pass-through entity? There has been a recent IRS ruling that impacts the way...

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Tax Reform: What Insurance Agents Need to Know - NOW!

By Javier Goldin on December 27, 2017

A Review of the Tax Cuts and Jobs Act – What You Need to Know, Now. We've separated our recommendations based on the new tax reform law based upon taxes for individuals and taxes for...

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What's the difference between a 50% and 100% meal expense?

By Javier Goldin on December 8, 2017

Did you know that some of your business meals are 100% deductible? No?! Well hopefully you know that the majority of your business meals are at least 50% deductible! If both of these are...

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Expenses you can NOT deduct from your taxable income

By Javier Goldin on November 21, 2017

We all want to mnimize our tax burden as much as possible, but there are some expenses that, while you think they might be for the business, they are absolute no-go's from an IRS...

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New Agency Starting Out Guide (download available)

By Micah Cannon on October 18, 2017

So you've committed to starting your own agency. You've got your licenses, sat through a ton of training, interned at other agents' offices,...

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Seven Steps to Financial Automation

By Micah Cannon on September 22, 2017

“The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.” - Warren...

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How to run your agency like a well oiled machine

By Micah Cannon on September 21, 2017

Club Capital welcomes a guest blog post from Jared Dean, State Farm Agent and CEO of Simplifi Inc. to share his thoughts on the 3 key steps to become an operational superstar.

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