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831b Micro-Captives are currently on the IRS Dirty Dozen List
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irs audits captives

Captive Insurance Audit Settlements

The Internal Revenue Service announced that the mailing of a time-limited settlement offer for certain taxpayers under audit who participated in abusive micro-captive insurance transactions. […]

irs audits captives

abusive micro-captive transactions

For the third consecutive year, the IRS places abusive micro-captive insurance tax shelters on its list of “Dirty Dozen” tax scams.