A decision from the US Tax Court in the closely watched Avrahami litigation is expected soon, according to experts
The Internal Revenue Service has named micro captives on its ‘Dirty Dozen’ list of tax scams for the third consecutive year
The Self-Insurance Institute of America (SIIA) has “respectfully requested” in a letter to the Internal Revenue Service (IRS) that it suspends Notice 2016-66, because it is “premature”...
The Internal Revenue Service’s (IRS) controversial Notice 2016-66 is an “attempt to poison the carrot” of Section 831(b), according to Sean King, principal of CIC Services...
The Internal Revenue Service (IRS) has granted a 90-day extension the deadline for 831(b) captives that need to comply with the Notice 2016-66...
Captive Alternatives (CapAlt) has launched a new captive accounting services business unit, CapSure Accounting...
Advisers should not take a “wait and see” approach to the Internal Revenue Service’s (IRS) Notice 2016-66, according to Rachel Partain, member of law firm Caplin & Drysdale...
Colorado senator Michael Bennett is the latest figure to criticise Notice 2016-66...
Insurance tax professionals discuss the current tax and regulatory landscape of the captive industry, including the OECD’s BEPS plan and IRS scrutiny of micro captives
Industry experts discuss why companies are choosing to redomesticate their captives and the opportunities it provides them
Phil Karter, Scot Kirkpatrick and Patrick McCann of Chamberlain Hrdlicka discuss the IRS’ letter, which raises more questions about captive audits in an already certain time
Ryan Work of SIIA discusses the IRS’ ‘ill-timed’ letter to captive insurance companies and the future of business risk as many US states started to institute stay at home orders
Sean King of CIC Services discusses the firm’s upcoming case against the IRS in the Supreme Court, what a win would mean for the industry, and the support they are receiving from the captive insurance industry throughout this legal process
Jeremy Colombik of MSI and NCCIA chair explains to Becky Butcher that Notice 2016-66 could be detrimental to not just North Carolina, but other domiciles that are home to smaller captives
The IRS has increased its scrutiny of captives, but those that follow the rules have nothing to worry about, as John Dies of alliantgroup tells Becky Butcher
As the sun sets on his tenure as CICA president, Dennis Harwick explains why this adolescent industry is wiser than its years
