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Form 8925 Rev January Report of Employer Owned Life Insurance Contracts

Form 8925 Rev January Report of Employer Owned Life Insurance Contracts

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okay so for this video i want to cover the irs form 8925 it's the report of employer-owned life insurance policies uh so we've got a sample form in front of us here and then on the other page a slide that covers some of the rules and key points that we need to be mindful of in determining whether or not we need to file this form so we start at the top here just some of the basics employer online policies are just that there are policies that are taken out by the company on the lives of its employees generally these are taken out on individuals that hold key roles in the company so certain c-suite executives they might have policies in place to cover those lies because their salaries are really high and they're key personnel that cost a lot of money to find replacements so if something happens to them um the company wants to be paid out right i mean that's really you know let's call it what it is now traditionally life insurance policies are just taken out on individuals and the benefic

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