Insurance Tax Services

masthead-logo-icon
Insurance-Industry-Cover

How We Help

Insurance Companies

Insurance organizations play a critical part in protecting society and its assets. As such, they’re also subject to extensive regulations and oversight that can make taxes and tax compliance more challenging and complex. The teams at Polston Tax help companies and agencies in this industry comply with the rules, refine and implement effective tax strategies, and prevent costly violations or inefficiencies. 

Contact Us

Insurance-Related Organizations We Serve

Polston Tax has the tax experience and qualifications to help a wide range of insurance-related entities in any focus, such as life and health, property and casualty, and commercial lines.

Our tax accounting, reporting and resolution teams provide professional guidance to the following:

  • Captive and independent insurance agents and agencies
  • Insurance brokers
  • Carrier companies
  • State Departments of Insurance
polston-half-guy-working

Unique Tax Challenges

for the Insurance Industry

As experienced partners, we’re well acquainted with the unique tax challenges those in this industry face, including:

  • Complex compliance regulations that frequently change
  • Life-nonlife consolidated return rules
  • Pillar Two tax laws and their evolving implications for global insurance organizations
  • Audit and penalty risks
  • Multijurisdictional differences in taxation codes, definitions and reporting requirements
  • Tax-free reorganization through successful demutualization

Our Comprehensive Insurance Tax Services

Polston Tax’s team of CPAs, attorneys and accountants stays current with the changing environment so we can help you effectively reduce risks, tax obligations and the potential for costly noncompliance.

We’re a turnkey partner for your insurance tax needs, from fundamental accounting to tax resolution when disputes occur.

Polston Tax Resolution & Accounting Group Photo

Why Choose Polston Tax as Your Insurance Tax Advisory Partner?

We’re a trusted partner nationwide for professional insurance consultant tax services and insurance organization tax advice because we bring:

Proven Experience

We’ve served carriers, agents and Departments of Insurance countrywide for over 20 years. This longevity translates directly into deep knowledge of industry-specific tax accounting, law, reporting and resolution. We’ve consulted with hundreds of insurance clients to maximize their tax efficiency and minimize their liabilities since 2001, generating over $250 million in tax and penalty savings for our partners.

A Collaborative, Stress-Free Approach

At Polston Tax, we know that every insurance organization’s role differs, which means varying regulations, reporting and responsibilities. We take a collaborative approach, tailoring our services to both your needs and the applicable regulations. We also work on your behalf in tax resolution matters. Our team takes on IRS negotiations and communications, so you’re free to handle other critical business tasks.

Comprehensive Advice

We have an extensive in-house team of professionals who understand the common tax challenges that arise in the insurance industry. You’ll have access to a dedicated team of CPAs, case managers and tax attorneys for timely, accurate and practical guidance.

Additional Readings

View All Blog Posts

Looking For Tax Resolution Services?

Polston Tax Can Help!
cta-image