Captive insurance can have perfectly legal tax and financial benefits, but some companies go too far ...

Persistent inflation globally, coupled with a rise in natural disasters, continued disruptions in global operations and shifting political conflicts have exacerbated the challenges facing ...

The IRS is cracking down on the use of so-called micro-captive insurance—a way for companies to insure themselves—as tax shelters, as it bolsters enforcement efforts aimed at wealthy individuals and ...

The Internal Revenue Service is proposing to restrict access to micro-captive insurance as a way to crack down on tax fraud, but at a time when some traditional insurance providers are backing away ...

Native American tribes and small businesses alike are counting on Congress to step in. In September of this year, the Senate Finance Committee held a hearing to consider Marjorie Rollinson's ...

The National Council of Insurance Legislators is not happy with a proposed federal regulation to crack down on micro-captive insurance companies. The proposed regulation, put forth by the Treasury ...

The 831(b) Institute, a group that advocates for micro-captive insurance providers, sent a letter to the Internal Revenue Service requesting an extension on a deadline for disclosing information about ...

About a year ago, the Internal Revenue Service finalized a regulation unjustly identifying many small-business micro-captive insurance arrangements as “abusive” tax shelters. Unfortunately, this is no ...

As the founder of Financial Management Services of America LLC, with offices in Louisiana, Florida, Iowa and Texas, I know how difficult it is for small businesses to find affordable, flexible ...