Content Provider
Capalt

Ea credits middle
Middle tr
Self-Study CPE
TAX TREATMENT OF RETIREMENT PLANS, PENSIONS AND ANNUITIES
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TAX TREATMENT OF INDIVIDUAL RETIREMENT ARRANGEMENTS
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TAX TREATMENT OF SICKNESS & INJURY PLANS
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EDUCATION TAX BENEFITS
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HOME OFFICE DEDUCTION
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EARNED INCOME TAX CREDIT
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AFFORDABLE CARE ACT: INDIVIDUAL RIGHTS & RESPONSIBILITIES
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ESOPS 101: A DETAILED INTRODUCTION OF EMPLOYEE STOCK OWNERSHIP PLANS
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1099 HEADACHES
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INDEPENDENT CONTRACTOR DILEMMA: 1099 VERSUS W-2
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Free cpece webinars
Private Insurance: The Alternative to 831(b) Captive Insurance

PRIVATE INSURANCE: THE ALTERNATIVE TO 831(B) CAPTIVE INSURANCE

Cost Free
CPE Credits 1.0 hour
CE Credits 1.0 hour
Course Id# - HURS9-T-00468-19-O
Subject Area Taxes (Federal Tax)
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Series: Taxes
Course Description

In this session, Mark Sims will give an overview of the 831(b) tax election, why it is so problematic, and where it stands following the most recent Tax Court decisions. Sims will then introduce a more effective risk management solution - Private Insurance - and its numerous benefits and uses. CapAlt’s reinsurance structure offers small to medium sized business owners, family offices, and high net worth individuals Fortune 500 risk management solutions, scaled to their size and risk appetite. Advisors will be particularly interested in the 831(b) Conversion option which will enable clients to close their 831(b) captives under a tax-free exchange.
 
Course Objectives:


  • Learn why the 831(b) structure is outdated, problematic and inappropriate for most clients.

  • Gain an in-depth understanding of Private Insurance.

  • Understand the types of risks that can be covered by a Private Insurance structure, and the key steps to set up and manage a risk management plan.

  • Get an unbiased overview of Puerto Rico, the ideal domicile.

  • Understand how to determine which types of clients are best suited to this type of structure and the benefits of Private Insurance over self-insurance.

Linkedin

Mark Sims

Captive Alternatives LLC
VP of Business Development
msims@captivealternatives.com
(404) 823-6200

Capalt

Mark Sims is President of Global Business for Captive Alternatives, LLC. With more than 25 years of experience, Mark is an expert in the field of enterprise risk management and insurance consulting. In his role as President, Mark helps businesses insure catastrophic risk and employee benefit programs, converting premiums into financial assets through Private Insurance Companies. Since joining CapAlt in 2000, Mark has worked closely with tax attorneys, estate planning firms, family offices, and trusted advisors to create customized risk management solutions for HNW individuals and businesses owners across multiple sectors.
 
Mark is a charismatic and popular professional speaker who is regularly invited to speak to professional groups and associations throughout the country on the use of Private Insurance Companies for risk management, asset protection, wealth preservation and exit strategies. He is certified by the National Association of State Boards of Accountancy as a National Registry CPE Sponsor on the topics of Enterprise Risk Management and Insurance. He regularly provides industry-specific webinars and group live presentations to advisor groups and CPAs who want to learn more about the Private Insurance Company and the Puerto Rico domicile.
 
Mark is a graduate of Indiana University Bloomington. He is an active member of the Captive Insurance Companies Association and sits on the Captive Committee of the Self Insurance Institute of America.

Additional Materials
Brochure
Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Capalt
Captive Alternatives is an insurance consultancy that helps business owners convert their insurance premiums into financial assets that can be grown and tapped for their benefit.

CapAlt’s pioneering risk management strategy, Private Insurance, enables businesses and organizations to self-insure selected risks, transfer high exposure to third parties, and financially reward themselves for effective risk management.

As a result, CapAlt clients build wealth to help protect and assure their future. CapAlt manages Private Insurance Company operations from their offices in Atlanta and Puerto Rico.