Finance, Investments, and Accounting

For the 5th Consecutive Year, Captives Make IRS "Dirty Dozen" List

April 1, 2019

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

March 11, 2019

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

February 11, 2019

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

January 31, 2019

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


Why Cash Flow Is Key for Captive Insurers

May 17, 2018

Cash is king. This is especially true for captive insurers, since they typically have fewer margins for error. Captive board members should understand their captive's cash flow, so let's discuss some key areas for exploration and understanding. Read More