Welcome to Compliance Dos & Don’ts, where experts share their licensing and compliance knowledge. Today, Jo Ann Del Gatto, founder of Custom Compliance Solutions, joins us to share her dos and don’ts for charging fees. Her secret for success: Understand what types of fees can be charged in each state, who can charge those fees, and whether fees are subject to taxation.
This episode is brought to you by:
Insurance Licensing Services of America (ILSA), America’s premier regulatory compliance experts. To learn more visit ILSAinc.com.
And if you only learn one thing from this podcast, let it be this: Develop a consistent fee schedule and process for documenting and disclosing fees!