Tuesday, September 25, 2018
 
 
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IRS Increases Scrutiny Of Captive Insurance - Red Flags From The IRS Playbook

By DMO Affiliate
With IRS examinations of captive insurance arrangements on the rise, the time is now for people to revisit their captive insurance arrangement or ask targeted questions to your provider about past and proposed captive insurance transactions. Captive insurance is a very powerful tool in insuring against business risks. In a successful captive scenario, an IRC §162 deduction is available for insurance premiums paid by the insuring business and up to $1.2 million of the captive insurance company¯¯¯s earnings may escape taxation.
IRS Increases Scrutiny Of Captive Insurance - Red Flags From The IRS Playbook





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