Applied Filters
RH CPAs hires three graduates in the US and Pakistan
RH CPAs has made a number of appointments in both Karachi and Greensboro.
Micro-captives back on the IRS Dirty Dozen list after a one year hiatus
Abusive micro-captive insurance arrangements have found themselves on the Internal Revenue Service’s Dirty Dozen list of tax scams, yet again.
Brown Smith Wallace to merge with Armanino in August
Brown Smith Wallace (BSW), the accounting and advisory firm, is joining forces with Armanino.
Pro Global names new US head of audit
Pro Global Holdings, the global re/insurance outsourcing and consulting firm, has hired Lorraine Mojica as its new US head of audit.
IRS continues to squeeze micro-captives with new office of promoter investigations
The Internal Revenue Service (IRS) has established an office of promoter investigations (OPI) to expand on the work its promoter investigations coordinator (PIC) began in the summer of 2020.
SIIA calls on IRS to publish micro-captives guidance
The Internal Revenue Service (IRS) should publish guidance relating to the use of micro-captives, to ensure businesses that want to use them appropriately can do so, according to the Self-Insurance Institute of America (SIIA).
Be patient with the IRS, urges Carr Riggs and Ingram
Captive owners should be patient in their dealings with agents from the Internal Revenue Service (IRS), according to Carr Riggs and Ingram (CRI), the accounting and advisory company.
831(b)s dealt fresh blow as US tax court rules Caylor captive not insurance
The 831(b) or micro-captive industry has been dealt a fresh blow this week, with a US tax court ruling yet another micro-captive could not be considered insurance for Federal tax purposes.
Connecticut’s captive sector records 35% growth in 2020
Connecticut approved six new captive insurance companies in 2020, including five pure captives and one special purpose financial vehicle captive.
Captives set to attract increased tax scrutiny: Deloitte
UK-based captive owners should be prepared to face increased tax authority scrutiny over the coming years, according to a note by Deloitte.
