Captive Insurance and the IRS
The IRS continues to heavily scrutinize captive insurance arrangements. Certain captive insurance types have consistently appeared on the IRS Dirty Dozen list. Micro-captives in particular […]
IRS Audits Captive Insurance Again
The IRS has now obtained victories in cases involving both forms of small 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. […]
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.
Abusive tax shelters, trusts and conservation easements
The IRS today warned taxpayers to steer clear of abusive tax avoidance schemes
IRS Audits Focus on Captive Insurance Plans
IRS Attacks Business Owners in 419, 412, Section 79 and Captive Insurance Plans Under Section 6707A