CPA E&O Insurance: Is Your Professional Liability Coverage Adequate?
CPA E&O insurance adequacy: how to size limits by firm revenue, evaluate tail coverage, understand policy exclusions, and work with a specialist broker.
Arvori
Arvori
Guides relevant to both CPAs and insurance brokers.
CPA E&O insurance adequacy: how to size limits by firm revenue, evaluate tail coverage, understand policy exclusions, and work with a specialist broker.
Trade credit insurance protects against buyer non-payment. In the 2025–2026 tariff environment, CPAs and brokers need to understand coverage, tax treatment, and placement.
IRS final regulations (T.D. 10022, Jan 2025) redesignated micro-captive 831(b) arrangements as listed transactions — triggering Form 8886 disclosure, material advisor penalties, and 40% accuracy penalties.
OBBBA expanded the §45F employer childcare tax credit to 40% (50% for small employers) with a $500K annual cap, plus DCAP limit increases to $7,500 — full breakdown for CPAs and brokers.
Can CPAs and insurance brokers legally share referral fees? AICPA ethics rules, anti-rebating laws, and compliant structures for building mutual referral arrangements.
How CPAs and insurance brokers coordinate when a client starts a new business — entity choices, coverage timing, premium deductibility, and structuring referral partnerships.
Business insurance claim payouts aren't always tax-free. Understand IRC §1033 gain deferral, taxable BI proceeds, IRC §101(j) life insurance rules, and documentation requirements.
Business insurance premiums are deductible under IRC §162 — but key person, buy-sell, and owner-beneficiary policies are not. Full deductibility guide for CPAs and brokers.
How CPAs and insurance brokers structure business succession plans — valuation, buy-sell funding, estate tax, and insurance coordination in one guide.
When captive insurance is a legitimate tax and risk management strategy — IRC §831(b) micro-captive rules, IRS scrutiny markers, and how CPAs and brokers evaluate one together.
Key person insurance premiums are not tax-deductible under IRC §264(a)(1) — but death benefits are income-tax-free if IRC §101(j) notice and consent rules are met before the policy is issued.
How to structure a buy-sell agreement: cross-purchase vs redemption, life and disability insurance funding, tax basis rules, and the 2024 Connelly ruling.
ACA employer mandate threshold, FTE counting rules, §4980H penalties, affordability safe harbors, and 1094-C/1095-C reporting — explained for CPAs and insurance brokers.
HRA vs HSA vs FSA: eligibility rules, 2025 contribution limits, employer tax treatment, and when each account type makes sense for your clients.