Coming off some heavy-duty Tax Court wins on phony captive insurance companies, which I’ve blogged, IRS offers terms of surrender to maybe some 200 captors.
Here’s the skinny: https://www.irs.gov/newsroom/irs-offers-settlement-for-micro-captive-insurance-schemes-letters-being-mailed-to-groups-under-audit
An author, teacher, advocate and trusted advisor, Lew Taishoff was formerly a New York City-based attorney with 58 years of experience in corporate and individual tax and real estate matters. He was admitted to practice before the United States Tax Court. He was formerly, for ten years, an Enrolled Agent, ... Continue reading →
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