You Manage Risk. We Manage the Books.
In a Highly Regulated Industry, Your Financials Can’t Miss a Beat.
Whether you’re advising clients, brokering deals, or managing investments, accuracy, compliance, and credibility are non-negotiable. But between state regulations, tax complexity, and commission tracking, keeping your financials straight can drain valuable time and focus.
At World Tax & Accounting, we specialize in Finance & Insurance Accounting and Tax Services supporting firms that need precise, strategic, and audit-ready financial systems.
We help you stay compliant, minimize tax risk, and plan for long-term profitability, so you can stay focused on serving your clients.
Who We Serve
We work with independent professionals, brokerages, and firms in:
- Independent Insurance Agencies
- Mortgage Brokerages
- Investment Advisory & Wealth Management Firms
- Financial Planners & RIAs
- Annuity & Life Insurance Agents
- Real Estate Finance Professionals
- Credit Counseling Agencies
- Insurance MGA/MGUs & Wholesalers
Whether you’re a solo advisor or managing a growing team, we tailor our services to your needs.
What’s Included in Full-Cycle Accounting for Finance & Insurance Firms?
No fluff. Just the numbers, reports, and compliance you need, delivered with precision.
- Commission & Revenue Tracking
- GAAP-Compliant Financial Statements
- Expense Categorization & Tax Deductibility Reviews
- Payroll & Contractor Payments
- Cloud-Based Bookkeeping
- Financial Reporting for Licensing & Bonding
- Monthly Profit & Loss Reports
- Real-Time Dashboards & KPI Monitoring
Clean books = smarter decisions, better compliance, and fewer headaches.
Fractional CFO Services for Finance & Insurance Professionals
Need more than bookkeeping? We deliver executive-level strategy without the C-suite salary.
- Cash Flow Planning & Risk Forecasting
- Compliance-Ready Financial Oversight
- Budgeting, Forecasting & Profit Planning
- M&A Due Diligence & Exit Strategy Support
- Book & Client Valuation for Insurance/Advisory Firms
- Business Entity Review for Tax Optimization
We provide the insights you need to grow, plan, and protect your business.
Tax Services Built for Financial Professionals
In a high-scrutiny industry, you can’t afford tax mistakes. We get it right, and keep you ahead of the curve.
- Federal & State Tax Filings (All Entity Types)
- Self-Employment & Estimated Taxes
- Multi-State Sales Tax & Nexus Compliance
- Insurance & Investment Industry-Specific Deductions
- 1099 Reporting for Agents & Contractors
- Tax Strategy for Commissions & Bonuses
- LLC, S-Corp, or C-Corp Structuring for Maximum Savings
We don’t just file, we help you plan, save, and stay audit-proof.
Behind on Taxes or Facing Regulatory Issues?
In this industry, falling behind can hurt your license and your reputation. We fix problems, fast.
Our Tax Resolution Services include:
- Back Tax Filing & IRS Clean-Up
- Installment Agreements & Penalty Relief
- Audit Defense & Representation
- Payroll Tax & Sales Tax Issues
- State Licensing & Tax Compliance Restoration
- Business Reinstatement Services
We get you back on track, and keep you there.
Why Finance & Insurance Firms Trust World Tax & Accounting
Industry-Focused
We understand commission structures, licensing requirements, and audit risks.
Strategic Guidance
We don’t just keep score, we help you plan for profitability and growth.
One-Stop Shop
Accounting, tax, payroll & CFO support, all under one roof.
Ready to Take Control of Your Numbers?
Whether you’re growing your book or managing a full-scale firm, we’ll help you stay organized, compliant, and profitable.
Serving finance and insurance professionals across Livonia, Michigan & the U.S.
Call (734) 800-0064 or Schedule Your Free Consultation Today
Frequently Asked Questions (FAQs)
1. Do you work with independent insurance agents and brokers?
Yes, we handle tax and accounting for solo agents, agencies, and brokers with complex commission structures.
2. Can you manage payroll and 1099 filings for contractors?
Absolutely. We handle payroll, 1099 prep, and contractor compliance for insurance and finance teams.
3. Do you help with licensing and bonding-related financial reports?
Yes. We generate financials tailored for licensing bodies, bonding agents, and state agencies.
4. Can you set up our firm as an LLC or S-Corp for tax purposes?
We provide entity structuring and can help you choose and implement the most tax-efficient setup.
5. What if we’ve missed prior-year filings?
We’ll clean up past returns, file what’s needed, and deal with the IRS or state on your behalf.
6. Can you help mortgage brokers track commissions and expenses?
Yes, we specialize in tracking tiered commissions, fees, and business deductions specific to mortgage pros.
7. What tools do you work with?
We support QuickBooks, Xero, Gusto, TaxDome, and other cloud-based tools for financial professionals.
8. Can you help with audits or IRS notices?
Yes, our team can represent you directly, respond to audits, and resolve issues efficiently.
9. Do you offer year-round advisory services or just tax season support?
We’re with you all year, offering proactive tax planning, CFO guidance, and real-time reporting.
10. How do we get started?
Call us or schedule your free consultation online. We’ll review your business and tailor a plan that fits.