DAC Agent Update 4/18/25
David Rutz from DAC emphasized the importance of using the back office for support tickets to avoid security verification delays. He highlighted tax benefits for DAC agents, such as writing off business expenses, which can significantly reduce taxable income. Rutz discussed the value of a business, noting that it's multiplied by revenue and income, and encouraged agents to aim for higher revenue to increase their business's worth. He also mentioned the need for agents to obtain a tax ID number to avoid tax withholding. Additionally, Rutz stressed the importance of engaging leads, maintaining a strong team, and using simple marketing strategies to grow the business.
Watch Video: DAC Agent Update 4/18/25
Transcript: https://otter.ai/u/SEcvd7-0gIoFGZ0ifpKxlemLFTE
Action Items
Agents should get an Employer Identification Number (EIN) from the IRS if they don't already have one.