
Achieving successful agency combinations for over 20 years.
IACS was formed in 2004 to meet the needs of independent insurance agency owners considering the sale of their agencies. Agency owners were at a considerable disadvantage when dealing with agency buyers. They needed help when negotiating agency values, payment terms and tax consequences.
IACS has over twenty years of business consulting experience to insurance agencies and brokers. During that time Mike has successfully negotiated the purchase, sale and merger of more than 70 agencies throughout New England.
Sellers’ Tax Goal …
“to minimize the tax cost of the sale to realize as much of the sales proceeds as possible”
Buyers’ Tax Goal…
“to allocate the purchase price to the assets that will allow for the deduction of the purchase price in the quickest manner possible”