Captive Insurance Articles
2024.09.19 ... Indian Tribe-Based Microcaptive Flops In Royalty Management
2024.04.13 ... Captive Manager Avoids 6700 Penalties After Jury Trial
2024.04.07 ... Florida Looking To Collect 5.3% Tax Against Out-Of-State Captive Insurers
2024.04.06 ... Another Taxpayer Microcaptive Blowout Loss In Patel
2024.02.12 ... Prolific Microcaptive Promoter Strauss Pleads Guilty
2024.02.10 ... Sixth IRS Victory Against Microcaptives In Swift
2024.01.11 ... IRS Wins Fifth Microcaptive Case In Keating
2023.10.28 ... Abusive Captive Tax Shelters Continue To Be Sold Despite IRS Efforts
2023.05.22 ... Third Circuit Denies Appeal Of The Delaware Department Of Insurance In Tax Shelter Captive Summons Case
2023.04.17 ... A Deeper Dive Into The Two Tests For Microcaptive Tax Shelters Under Treasury’s Proposed Regulations
2023.04.11 ... U.S. Treasury Department Issues Proposed Regulations To Finally Eviscerate Microcaptive Tax Shelters
2023.03.07 ... The U.S. Tax Court Rejects 501(c)(15) Status For Commonwealth Underwriting & Annuity Services, Inc.
2023.02.20 ... Captive Manager Arsenal Insurance Files For Bankruptcy Protection After Allegations Of Fraud By Its Former Owner
2023.02.10 ... Ambassador Captive And Brandon White Fiasco Highlights Need For Better Captive Manager Oversight
2023.01.19 ... Attorney Stewart Feldman And Captive Manager Capstone Hit With Almost $90 Million Judgment By Their Clients
2023.01.17 ... Pinnacle Actuarial Summoned By IRS To Produce Documents In Promoter Examination Of Oxford Insurance
2022.09.30 ... IRS Drops Appeal Regarding Notice 2016-66’s Invalidation For Microcaptives
2022.08.08 ... Eleventh Circuit Rules For IRS In Dispute Over Privileged Documents Relating To Moore Ingram’s Microcaptives
2022.06.07 ... IRS Dirty Dozen List Includes Abusive Puerto Rico Captive Insurance Transactions
2022.06.06 ... IRS Wins Ruling On Reconsideration In CIC Services Case Which Cuts Practical Effect Of The Ruling To Almost Nothing
2022.05.16 ... Tenth Circuit Issues Landmark Microcaptive Insurance Company Opinion In Reserve Mechanical
2022.03.28 ... IRS Notice 2016-66 On Microcaptives Vacated By U.S. District Court On Procedural Grounds In CIC Services Case
2022.01.31 ... IRS Attorney Hiring Binge Spells More Trouble For Microcaptives And Syndicated Conservation Easements
2021.07.23 ... Delaware Department Of Insurance Loses IRS Summons Fight For Artex And Tribeca Captives But Can Appeal
2021.05.20 ... U.S. Supreme Court Rules On Anti-Injunction Act In Microcaptive Context
2021.04.26 ... The IRS Warns Again On Microcaptives And Announces A New Office Of Promoter Investigations
2021.03.22 ... The U.S. Tax Court Drives A Stake Into The Heart Of Microcaptives In Caylor Land
2020.12.31 ... U.S. District Judge Denies Blanket Assertion Of Attorney-Client Privilege In Moore Ingram Microcaptive Promoter Audit Case
2020.10.22 ... IRS Announces A Second Settlement Initiative For Abusive Microcaptive Tax Shelters But With Much Stricter
2020.10.02 ... IRS Warns Microcaptive Shelter Penalties To Get Much Worse, Taking On The Puerto Rico Deal And Other Next-Generative Captive Shelters
2020.09.23 ... U.S. Tax Court Affirms Most Penalties In Patel Microcaptive Shelter Case But Kicks Out Some For IRS Procedural Errors
2020.09.12 ... Microcaptive Manager Artex And Related Professionals Dodge The Class Action Bullet In Shivkov
2020.09.10 ... GAO Report To Grassley At Senate Finance Slams Offshore Microcaptive And Variable Life Insurance Transactions
2020.08.24 ... Buyers Of Jade Risk Get Taken To Woodshed In Litigation Arising From Merger Of Captive Insurance Managers
2020.08.08 ... IRS Sends Second Wave Of Soft Letter Warnings To Certain Captive Owners For Abusive Microcaptive Transactions
2020.07.27 ... Microcaptive Tax Shelter Promoter Investigation Of Moore Ingram Law Firm Leads To Attorney-Client Privilege Issues With Client Documents
2020.07.22 ... U.S. Tax Court Approves Penalties For Microcaptive Transaction In Oropeza
2020.06.24 ... The U.S. Department Of Justice Files Suit To Enforce An IRS Summons Against The Delaware Department Of Insurance For Artex Transactions
2020.05.19 ... Coronavirus Pandemic Threatens Run On Business Interruption Policies Sold By Captive Insurance Risk Pools
2020.04.17 ... Coronavirus Pandemic Will Not Slow Down IRS’s Pursuit Of Microcaptive And Syndicated Conservation Easement Transactions Says LB & I Memo
2020.02.04 ...The IRS Strikes A Rich Seam Of Tax And Penalty Gold In Risk-Pooled 831(b) Captives And Is Sending In More Miners
2019.12.31 ... The Next Generation Captive Insurance Tax Shelter Explained
2019.12.05 ... Bitter Coffee: Starbucks Squabbles With The Washington Insurance Commissioner Over $633 Million Paid To Its Captive Insurance Company
2019.11.17 ... IRS Suggests Criminal Referrals To Be Made In Abusive 831(b) Captive Tax Shelter Cases
2019.09.28 ... Johnson & Johnson Wins Appeal On $60 Million Tax Case To New Jersey For Captive Insurance Company
2019.09.26 ... Understanding The IRS Settlement Initiative Offer For Targeted 831(b) Captive Insurance Companies
2019.09.16 ... IRS Announces Global Settlement Of Abusive 831(b) Captive Insurance Tax Shelters
2019.08.08 ... Artex Defeats Attempt To Form Class Action And Forces Individual Arbitration Of Captive Disputes
2019.07.04 ... Second Class Action Against A Risk-Pooled 831(b) Captive Promoter Roils Sector
2019.05.28 ... New York Denies Stewart's Shops Deduction For Premiums Paid To Its Captive Insurance Company
2019.05.23 ... Sixth Circuit Also Gives CIC Services Thumbs-Down On IRS Notice 2016-66 Challenge
2019.04.23 ... Third US Tax Court Opinion Denies Deductions For Risk-Pooled 831(b) Captive Arrangement In Syzygy
2019.03.29 ... Macy’s Captive Insurance Company Faces Potential $23.8 Million In Maryland Corporate Tax Liability
2018.12.20 ... Class Action Targets Arthur J. Gallagher & Co. Over Captive Insurance Tax Shelter
2018.09.05 ... Whistleblower Yanks Back Rug To Expose Alleged Dirt Of Moody's Captive Insurance Company
2018.07.28 ... Johnson & Johnson Loses $60 Million Case To New Jersey For Captive Insurance Company
2018.06.25 ... Analysis Of The IRS's Big Win Against Risk-Pooled Small Captives In Reserve Mechanical
2018.06.19 ... Capstone's PoolRe Fails To Provide Risk Distribution In Reserve Mechanical Captive Insurance Case
2018.05.27 ... Washington State Goes After Microsoft's Captive For Unpaid Premium Taxes And Unauthorized Insurance
2018.01.27 ... Beware The Puerto Rico Captive Insurance Tax Shelter
2017.11.17 ... Avrahamis Motion For Reconsideration Rolls Snake-Eyes In U.S. Tax Court
2017.11.04 ... Court Pours Out Lawsuit By CIC Services, LLC, And Ryan, LLC, To Stop Notice 2016-66
2017.10.19 ... Foster & Dunhill Saga Ends With Convictions And Donaldson Claiming To Be Too Fat To Jail
2017.10.11 ... Risk-Pooled 831(b) Captive Insurance Companies And Bad Practices Take A Beating In Avrahami
2017.09.30 ... Avrahamis Captive Manager Apparently Calling It Quits After Decision
017.08.21 ... IRS Notches Big Tax Court Win On 831(b) Captive Insurance In Avrahami Decision
2017.07.19 ... Donaldson And Crithfield Found Guilty In Foster Dunhill Offshore Insurance Tax Evasion Case
2017.06.25 ... Beware The Insane New Offshore Insurance Company Deals Sold By Some 831(b) Captive Managers
2017.04.23 ... Last Gasp Attempt To Stop Notice 2016-66 Fails, May 1 Filing Deadline Approaches Quickly
2016.12.31 ... IRS Extends Deadline For Compliance With Notice 2016-66 For 831(b) Captives To May 1, 2017
2016.11.16 ... A Detailed Analysis of IRS Notice 2016-66 re 831(b) Captives
2016.11.13 ... Pretrial Memoranda Filed In Wilson 831(b) Captive Case Display IRS Attacks and Taxpayer Responses
2016.11.08 ... IRS Notice 2016-66 Regarding 831(b) Captive Insurance Companies Interpreted In Common English
2016.11.01 ... IRS Categorizes Certain 831(b) Captive Insurance Companies As A "Transaction Of Interest"
2016.11.16 ... A Detailed Analysis of IRS Notice 2016-66 re 831(b) Captives
2016.11.13 ... Pretrial Memoranda Filed In Wilson 831(b) Captive Case Display IRS Attacks and Taxpayer Responses
2016.11.08 ... IRS Notice 2016-66 Regarding 831(b) Captive Insurance Companies Interpreted In Common English
2016.09.29 ... Not All Captive Insurance Risk Pools Are Created Equally
2016.03.03 … Happy 75th Birthday to Helvering v. LeGierse
2015.12.19 ... Congress Makes 831(b) Captives Much Better And Deals With (Some) Abuses In 2015 Appropriations Bill
2015.12.08 ... 2015 Extender Bill May Throw Out 831(b) Captive Baby With The Bathwater
2015.11.29 ... The Sum Of All Fears About IRC 831(b) Tax Shelter Captives In Avrahami
2015.09.27 ... Residual Value Insurance Scores Big Win In U.S. Tax Court
2015.08.12 ... Donaldson And Crithfield Enter Guilty Pleas In Foster Dunhill Tax Fraud Case
2015.06.11 … Treasury To Study Possible Abuses Of Small Captive Insurance Companies
2014.11.01 ... Securitas Secures Big Win For Captive Insurance In U.S. Tax Court
2014.09.18 ... IRS Launches Promoter Audits Of Captive Managers Suspected Of Abusive Practices
2014.04.20 ... Life Insurance and the 831(b) Captive Insurance Company – Wait For The Test Case Before Signing Up
2014.03.27 ... The IRS Discloses The 953(d) Trapdoor For Offshore Captives
2014.03.17 ... IRS Noose Starting To Tighten On Sham Risk Pools
2014.02.21 ... Rent-A-Center Creates A Captive Insurance Legacy In Tax Court
2013.11.16 ... Cell Captives And The Recycling Of Capital
2013.09.28 ... Manager Complaints Bubble To Surface Regarding Delaware Captive Insurance Companies
2013.09.21 ... IRS Filling The Pipeline With Captive Insurance Cases And Focusing On Dubious Practices
2013.08.10 ... Ten Favorite Things About Captive Insurance Companies
2013.07.28 ... Tax Shelters, Nebraska Hurricanes And Other Captive Insurance Mistakes
2013.06.23 ... Foster and Dunhill Scheme Ends In Denial Of Deductions And Indictments For Bogus Insurance Tax Shelter
2013.06.09 ... Texas Adopts Captive Insurance Legislation But Beware
2012.08.31 ... Broughton -- Rented Assets And Bogus Offshore Insurance Companies
2012.02.09 ... Sperl : Offshore Reinsurance Scheme And Other Tax Evasion Nets Accountant 36 Months
2011.09.24 ... 'Tis The Season For Tax Shelters, Fa La La La La And Grab Your Wallet