Top Regulation/Legislation Stories
IRS cracks down on 'abusive' micro-captive insurers
By Allison BellThe agency says micro-captive owners are on the hook for withholding taxes on the cash used to make premium payments.
News and information for insurance company (carrier) executives on compliance issues, including court rulings, new statutes & laws and other factors that influence how organizations remain compliant with authorities at both the state and federal level.
The agency says micro-captive owners are on the hook for withholding taxes on the cash used to make premium payments.