Micro-Captives Retain Their Spot on IRS 2024 Dirty Dozen List

April 16, 2024

The Internal Revenue Service (IRS) has released its 2024 Dirty Dozen list, and once again, micro-captive insurance arrangements are included on the list. Read More

Florida Commences Self-Procurement Tax Audits for Businesses with Captives

March 27, 2024

Florida audits businesses with captive insurance for self-procurement tax compliance, signaling stricter enforcement in the sector. Read More

Takeaways from the IRS's Latest Micro-Captive Tax Court Victory

February 13, 2024

The Internal Revenue Service's (IRS's) recent micro-captive insurance Tax Court win in Swift v. Commissioner provides some additional insight as to how the Tax Court may analyze future micro-captive cases. Read More

Swift Becomes 6th Straight IRS Micro-Captive Victory

February 7, 2024

On February 1, Judge Patrick J. Urda continued the Tax Court trend of disallowing deductions for premiums paid to micro-captives in Swift v. Commissioner. Read More

IRS Wins 5th Micro-Captive Insurance Tax Court Case

January 18, 2024

The US Tax Court's latest 831(b) micro-captive decision in Keating determined that the arrangement did not constitute insurance. Read More