Discover how captive insurance companies help parent firms manage unique risks, offer tax advantages, and control costs. Learn their benefits and challenges.

Certain micro-captive transactions are back to being reportable. On January 14, 2025, the Treasury Department and the Internal Revenue Service (“IRS”) published final regulations (the “Regulations”) ...

A Texas federal judge ruled against the Internal Revenue Service in a case involving its classification of micro-captive insurance as a "listed transaction," but also ruled in favor of the IRS ...

On Friday, April 11, 2025, the Internal Revenue Service issued Notice 2025-24 (the “Notice”), which waives applicable penalties under the Internal Revenue Code to participants in, and material ...

Add Yahoo as a preferred source to see more of our stories on Google. IRS has taken a negative view of micro-captive insurance, ensnaring small business owners. Native American tribes and small ...

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 ...

Congress is considering a reconciliation bill, and as usual, the challenge is paying for everything. One potential offset is a reform that would curtail tax avoidance without upending the apple cart.

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 ...

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 ...