With Tax Cuts Set to Expire, Consider a Partial Sale of the Agency

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Is your agency prepared for what’s next?

With the Tax Cuts and Jobs Act (TCJA) set to sunset at the end of 2025, agency owners could face new tax implications that can affect decisions about selling their agency. In a recent article in The Standard, InsurBanc Division Director Scott Freiday discusses the option of a partial sale of the agency via a stockholder loan as a smart way to preserve value and navigate the tax changes effectively.

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InsurBanc understands independent agents and their businesses. We specialize in insurance agency financing. Whether your needs include agency perpetuation funding, insurance agency acquisition or simply understanding your cashflow as it relates to your banking needs, InsurBanc can help agencies nationwide.