Not So Independent Caylor – The Newest Ruling On “Micro-captives’ From The IRS
On Wednesday, March 10, the Tax Court issued its fourth case concerning “Microcaptive” insurance companies. In Caylor Land & Dev.…
On Wednesday, March 10, the Tax Court issued its fourth case concerning “Microcaptive” insurance companies. In Caylor Land & Dev.…
With quarantine-related IRS offices reopening, and the October filing deadline on the horizon, the IRS is redoubling its focus on…
We’ve written before about the IRS focus on captive insurance companies. While states often lag behind the IRS in enforcement of…
At the end of July, the IRS began to send what appears to be a second round of “soft compliance”…
As the world continues to struggle with the effects of the COVID-19 pandemic, the Internal Revenue Service has its eye…
The Coronavirus pandemic has not slowed the Internal Revenue Service’s campaign with respect to micro-captive insurance companies. Following an announcement…
IRS Large Business and International (“LB&I”) employees oversee most large case examinations. In a Feb. 25, 2020 Memorandum, LB&I management…
As budgetary and personnel constraints have had an impact on the IRS approach to compliance, taxpayers and practitioners remain curious…