AALU Library

The AALU Library gives you access to all your premium content. With all the best information organized in one place and searchable, it has never been easier to find the information to help you maximize your business. From deeper dives into diverse topics with our Washington Report Marketplaces to issue one-pagers and webinars featuring industry leaders with decades of experience, the AALU Library is your one-stop-shop for policy and professional updates.

The Netflix Principle for Associations & Tech Companies

By Matt Derrick December 7, 2019 Just before Thanksgiving, I attended a conference in San Francisco for Salesforce’s annual conference, Dreamforce, which had a staggering 175,000 paid attendees. The sheer scale is a bit overwhelming, especially when you consider Salesforce was founded only 20 years ago. More than just the size however, the most striking…

Republican Retirements: Blue Wave, Red Tide, or status quo?

Nineteen Republican Members of the House of Representatives have announced their retirements from Congress this year. While this sounds consequential and has raised alarm bells in the media, these retirements likely do not signal serious changes to come in the party make up in the House. Not every retirement is the same, but we do...

Information for Clients: Impact of Final Regulations on Reportable Policy Sales in the COLI/BOLI Marketplace

Topics: COLI/BOLI

The Tax Cuts and Jobs Act of 2017 (the “TCJA”) modified the prior-law exemptions of the Transfer for Value Rules (“TFV Rules”) to include new Reportable Policy Sale (“RPS”) requirements that apply to all transfers for valuable consideration. This rulemaking has important implications for the company-owned life insurance (“COLI”) and bank-owned life insurance (“BOLI”) marketplaces…

Implications of the Treasury Department’s Final Regulations on Reportable Policy Sales for 1035 Exchanges Made by Businesses

Topics: COLI/BOLI

On October 31, the Treasury Department released its final regulations on Reportable Policy Sales (RPS) final rule. In addition to clarifying the tax implications for company-owned life insurance (“COLI”) and bank-owned life insurance (“BOLI”) transferred in ordinary course transactions, the rule also cemented the Treasury Department’s position on how the requirements will apply with respect…

Committees of Jurisdiction: House Committee on Financial Services

The House Committee on Financial Services was originally formed on December 11th, 1865, as the Banking and Currency Committee, to relieve the House Ways and Means Committee of part of its workload. The Committee’s jurisdiction in the early days included oversight of national banks and bank loans, authorization of bond issues, and investigations of failed…

Utilizing Section 199A for Your Business Owner Clients

We have talked a lot about what 199A means for the profession. But, the best and brightest are already helping clients to use 199A to improve their planning and tax efficiency to reinvest in their businesses and people. How can that tax savings be deployed to help business owners (or businesses) fill other planning…

Stack Business and Charitable Deductions for Maximum Savings

The Pass-Through Income Deduction under Code Section 199A (“199A Deduction”), allows taxpayers to deduct up to 20% of their pass-through business income. However, the deduction is either eliminated or limited when a taxpayer’s taxable income exceeds certain thresholds. Despite this limitation, charitably inclined high earners can stack tax savings by strategically making charitable gifts to…

Using Business and Charitable Deductions for Maximum Savings, Fixing Common Retirement Mistakes, How Life Insurance Helps During/After A Divorce, and More

November 14 , 2019 Stack Business and Charitable Deductions for Maximum Savings This Wealth Management piece walks through several strategies for utilizing charitable contributions in conjunction with the Sec. 199A small business tax deduction to maximize value for clients. Read more >> How Life Insurance Can Help During and After a Divorce AXA Equitable head...