Finance, Investments, and Accounting
What Captive Owners Should Know About the 953(d) Tax Election
Bruce Wright, partner at Eversheds Sutherland (US) LLP, discusses section 953(d) of the Internal Revenue Code. Read More
For the 5th Consecutive Year, Captives Make IRS "Dirty Dozen" List
For the fifth consecutive year, abusive micro-captive insurance companies found their way to the Internal Revenue Service (IRS) annual "Dirty Dozen" listing. Where last year's listing told taxpayers to be wary, the IRS uses a more aggressive tone in the 2019 listing. Read More
Direct Procurement Taxes and Captive Insurance Compliance
Bruce Wright, partner at Eversheds Sutherland (US) LLP discusses direct procurement taxes in terms of captive insurer compliance. Read More
State and Local Income Tax Issues and Captive Insurance
State and local income taxes are an evolving issue that concerns captive insurers and that some states are challenging as they look for revenue. Read More
Reserve Mechanical Contemplation and Further Discussion
Alan Fine of Brown Smith Wallace contemplates the conclusions reached and supporting rationale used by the US Tax Court in the second small captive case, "Reserve Mechanical Corp. v. Commissioner of Internal Revenue," and believes there are a few areas that continue to warrant discussion. Read More