An April federal court case in Texas delivered a clear message regarding IRS overreach in the micro-captive insurance industry, setting the stage for small businesses to dramatically alter the way they manage risk. In their ruling of Drake Plastics Ltd. v. IRS, the courts provided a split decision on IRS rules related to the utilization […]
An April federal court case in Texas delivered a clear message regarding IRS overreach in the micro-captive insurance industry, setting the stage for small businesses to dramatically alter the way they manage risk. In their ruling of Drake Plastics Ltd. v. IRS, the courts provided a split decision on IRS rules related to the utilization […]
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