Tax & Current Accounting Topics

IRS expands enforcement focus on abusive micro-captive insurance schemes


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IRS expands enforcement focus on abusive micro-captive insurance schemes; taxpayers urged to consult independent tax advisor before Oct. 15 filing deadline 

https://www.irs.gov/newsroom/irs-expa

https://accountinginstruction.info/

With the Oct. 15th filing deadline quickly approaching, the Internal Revenue Service today encouraged taxpayers to consult an independent tax advisor if they participated in a micro-captive insurance transaction.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele