Your Partner in Financial Advisory Services and Legacy Planning
Streamlining Business with our Corporate Integrity Program
At Goheen Insurance, our Corporate Integrity Program introduces a transformative approach to business administration for advisors through the use of a Management Service Organization (MSO). This innovative structure is designed to enhance operational efficiency for advisors’ practices and safeguard assets, all while optimizing their business tax strategy.
By establishing an MSO as a C-Corp and outsourcing administrative services via a Management Service Agreement (MSA), businesses can achieve superior operational efficiency. This separation allows for a streamlined focus on core business activities while the MSO handles administrative tasks.
A well-structured MSO offers significant tax benefits, leveraging a 21% flat tax rate on C Corp income, which is notably lower than individual tax rates that can climb up to 37%. This strategic advantage is crucial for tax planning and maximizing financial efficiency.
With an MSO, a businesses’ valuable assets, including plant and infrastructure, are held in a lower-risk entity. This structure provides a robust layer of protection, minimizing exposure and safeguarding the business's future.
Interested in how an MSO can revolutionize your business structure? Goheen Insurance is here to guide you through the process, from initial setup to ongoing management, ensuring your business thrives.
Utilizing a C-Corp structure through an MSO enables more efficient handling of non-deductible expenses, such as insurance premiums, enhancing your purchasing and debt-servicing capabilities.
The MSO's revenue, derived from management fees established by fair market value, enjoys the C-Corp's flat tax rate. This arrangement not only benefits the MSO but also allows the Operating Company (OC) to operate efficiently, recognizing expenses in a manner that supports income generation.
Let’s navigate your financial future together. Goheen Insurance, partnering with Simplicity Wealth, is here to guide you through optimizing your premium financing strategy for lasting success.
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At Goheen Insurance, we’re more than just a provider of high-net-worth insurance solutions; we are your partner in securing a financial legacy.
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