Supreme Court Backs Challenge to IRS Micro-Captive Reporting Rule May 17, 2021 By Andrew G. Simpson The U.S. Supreme Court has allowed a challenge to an Internal Revenue Services (IRS) requirement for firms to report micro-captive...
IRS Takes Aim at ‘Abusive Micro-Captive Practices’ with Another Settlement Offer October 23, 2020 As the pandemic and rising insurance costs fuel greater interest by large firms in creating captive insurance organizations, the Internal...
Supreme Court Agrees to Hear Micro-Captive Insurer Tax Case May 5, 2020 By Greg Stohr The U.S. Supreme Court agreed to review a ruling that critics say would give the Treasury Department and Internal Revenue...