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Taxation of Identity Protection Services

Fringe Benefit Analysts

Some insurance carriers are now also offering identity protection services to their customers at no additional cost. The taxation of this identity protection benefit/service was considered by the IRS in 2015 and again in early 2016. See IRS Announcement 2015-22.) Are Identity Theft Protection Services Tax Deductible?

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What’s Driving the Cost of Commercial Vehicle Insurance?

Corporate Synergies

When it comes to commercial vehicle insurance, it’s a rocky road. Many companies felt the shock of rising insurance rates in 2015, 2016 and 2017. Insurance carriers look at their profit margins each year and must maintain required ratios so that future claims can be paid and the company can remain profitable.