ShindelRock 101(j) Landing Page

If your company has a “key man” life insurance policy in place, you must be in compliance with IRS rules to benefit from safe harbor exemptions that will lower your tax bill substantially when a policy pays out.

Is your company compliant with the rules spelled out in Income Tax Code Section 101(j)? If not, do you understand the tax implications associated with the life insurance benefit payout?

We can help to protect your policy with a Section 101(j) Compliance Analysis Report. The Compliance Analysis Report, completed by a Certified Public Accountant, will tell you if you’re compliant and, if not, the steps that need to be taken to come into compliance.

Do you need a Section 101(j) Compliance Analysis Report?

If you answer “no” to any of the following questions, or are unsure of the answer, then you need a Section 101(j) Compliance Analysis Report:

Do you have the right documentation in place to prove that your company is exempt from paying tax on a “key man” insurance benefit? Do you know how to demonstrate to the IRS that your company is exempt from the Section 101(j) filing requirement? Do you have an official report from a Certified Public Accountant for your company’s board of directors or ownership group regarding your Form 8925 filing requirement, and the required documentation supporting that opinion?

Section 101(j) Compliance Analysis Report—Here’s How it Works:

Ready to move forward with a Compliance Analysis Report to ensure you’re compliant with the IRS rules regarding company-owned life insurance policies? For $2,500, you’ll receive all the guidance you need to have peace of mind that you’re taking the right steps to protect your policy from a big tax bill. Here’s how the process works:

Use the form above to provide us with the information requested and submit payment for your Section 101(j) Compliance Analysis Report.
Upon submitting your information and payment, you’ll receive an email from Mark Hughes, a CPA tax professional and partner at ShindelRock. The email will list additional information required and will include a link to schedule a 30-minute consultation with Mark to answer any questions you may have and lay out the process moving forward.
We will complete the Section 101(j) Compliance Analysis Report within approximately 20 business days following the phone consultation and we will share its results with you. Our deliverable is a report, suitable for presentation to a board of directors, ownership group and the IRS, specifying if your company is in compliance with Section 101(j) or not, and the evidence to support that claim.