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 second revenue ruling can be found HERE.
In a previous article, we told you about a case that was argued in the United States Supreme Court on October 6, 2020. That case, Rutledge, Attorney General of Arkansas...
The Patient Protection and Affordable Care Act, otherwise known as Obamacare, added sections 4375 and 4376 to the Internal Revenue Code. Section 4375 imposes a fee “on each specified health...
Shortly after publishing its FAQ on the Families First Coronavirus Response Act (the “Act”), the Department of Labor (DOL) issued Field Assistance Bulletin No. 2020-1 (the “Bulletin”). What does the...