Written By RMC Group
Published on: December 19, 2002
Categories: Captive Insurance | Compliance Update
In 2002, the IRS issued guidance on captive insurance. The three new revenue rulings and a revenue procedure address deductibility of premiums paid to a wholly owned insurance subsidiary. The first revenue ruling can be found HERE.
After 14 years of tenacious legal proceedings, RMC Group has emerged victorious in a landmark case in which the Internal Revenue Service (IRS) challenged RMC’s management of small captive insurance...
A letter to IRS Commissioner Daniel Werfel signed by eight members of the House Ways and Means Committee was released to the public on December 20, 2023. The letter “reiterated...
The Internal Revenue Service (IRS) has released Notice 2023-75, containing cost-of-living adjustments for 2024 that affect amounts employees can contribute to 401(k) plans and individual retirement accounts (IRAs). 2024 Retirement...