The Golden Handcuffs Your Best Employees Will Actually Thank You For
A restricted executive bonus arrangement funds an employee-owned life policy with deductible Section 162 bonuses that early departures forfeit.
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Insurance
Track insurance costs, premiums, and coverage details
The Sewer Backup Endorsement: The $40-to-$160 Add-On That Covers the Flood Neither Your Property Policy nor Flood Insurance Touches
A $40-to-$160 water backup endorsement buys back sewer-drain coverage every standard policy excludes — buy a $25,000 limit for a finished basement.
Fine Art Shipping and Crating Bookkeeping: What a Museum Crate Really Costs, What the Truck Ride Should Earn, and Why the Insured Value Is Not the Claim Check
A museum crate often costs more than the miles it travels — cost builds like manufacturing jobs and price transport per mile, or one subsidizes the other.
Leasing Your Land to Hunters: Lease Terms, Liability Protection, and Pricing
Hunting leases now pay $8–$50+ per acre a year, but charging for access can void your recreational-use liability shield — write the lease, require insurance.
Event Cancellation Insurance: What It Covers, What It Excludes, and How to Set Your Limit
Event cancellation insurance repays sunk deposits and lost revenue when disaster strikes — but disease, weak sales, and late buys are excluded.
Hired and Non-Owned Auto Insurance: Who Pays When Employees Drive Their Own Cars
If an employee crashes their own car on a work errand, your business can be sued. HNOA covers that liability gap — what it covers, excludes and costs.
Your Ocean Carrier Owes You $500 Per Package — Even When It's Their Fault
COGSA caps ocean carrier payouts at $500 per package even when the carrier is at fault — only cargo insurance covers the gap.
Pet-Sitting Insurance: Why Care, Custody, and Control Coverage Matters More Than General Liability
General liability excludes pets in your care; a $100–$300 CCC endorsement closes the gap. Deduct premiums on IRS Schedule C, Line 15.
Selling or Swapping a Life Insurance Policy Can Make the Death Benefit Taxable
Under IRS Section 101(a)(2), selling a life policy for value makes the death benefit taxable above your cost — five exceptions decide if you owe.
Goat Yoga Business Bookkeeping: Per-Ticket Revenue, Herd Costs, Insurance, and Zoning
Goat yoga tickets belong on Schedule C, not Schedule F. Price for fees, allocate herd costs, endorse your insurance and clear zoning before class one.
The 412(e)(3) Plan: The Fully Insured Pension That Lets Small Business Owners Deduct Six Figures a Year
A 412(e)(3) plan funds pensions through insurance contracts, letting owners in their 50s deduct $100,000+ a year — with IRS-mandated fixed premiums.
Equipment Breakdown Insurance: The $500-a-Year Policy That Covers What Your Property Insurance Won't
Equipment breakdown insurance pays for internal failures your property policy excludes — typically $25–$50 a year per $50,000 of equipment, spoilage included.