An IRS regulation designed to restrict abusive micro-captive insurance transactions through disclosure requirements was ...

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 ...

The Internal Revenue Service's final rule targeting potentially abusive microcaptive insurance structures is facing a renewed ...

The Internal Revenue Service issued a notice Friday giving some breathing room to participants and advisors involved with micro-captive insurance companies. However, the micro-captive insurance ...

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”) ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min "The IRS certainly should pursue ...

Micro-captives are also known as 831(b) plans or small captive insurance. I’ve witnessed the confusion and misinformation surrounding micro-captives, and it's time to set the record straight on ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...