IRS Opens Promoter Investigations Office For 831(b) Micro Captives The 831(b) micro captives industry received more news this week from the US Treasury Department. The IRS opens promoter investigations office to: coordinate efforts across multiple business divisions to address abusive syndicated conservation easements and ‘abusive micro captive insurance arrangements as
Offshore Micro Captives Dropped Off IRS Dirty Dozen List – Why? Over the weekend, I was combing through my workers’ comp reading list. I almost dropped my laptop when I saw the headline that Offshore Micro Captives were not named to the IRS Dirty Dozen list. For context, I had
Offshore Financial Arrangements Including Micro-captives Still On Watch List Most micro-captives are a legitimate way to offshore the self-insurance of Workers Compensation benefits. The IRS released its list of the Dirty Dozen for 2018 a few months ago. Offshore financial arrangements filled the #12 of 12 spots. Micro-captives, better known
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