alliantgroup will be hosting a webinar with Bloomberg BNA entitled “Captive Insurance—The New IRS Approach” on Thursday, June 22, at 10:30 am CDT.  The webinar is going to be hosted by alliantgroup’s National Director of Tax Steven Miller, and Managing Director of Tax Controversy John Dies.  They will be discussing Internal Revenue Service scrutiny of small captive insurance arrangements. This webinar will count for 1.0 CLE or CPE Credit.

Miller and Dies will also be discussing both the advantages and disadvantages of captive insurance companies as well the requirements for a captive set-up. They will outline how the Internal Revenue Services performs their examinations and highlight the pending court cases that will likely define the future of captive insurance.

“Captive insurance is a huge focus of the IRS right now,” said the CEO of alliantgroup, Dhaval Jadav. “alliantgroup is committed to making sure the CPAs we work with and their clients have the most current information available. Any corporate tax advisor would benefit from learning more about upcoming court cases and how the IRS views captive insurance.”

Many businesses use captive insurance companies to help manage insurance costs. Unfortunately, these arrangements are frequently abused to generate a business deduction, which has led captive insurance to make the IRS’s dirty dozen list of tax scams for three consecutive years.

For more information on this webinar, read here.