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.
Is it time your business took control of its insurance? Captive insurance may be the long-term solution you’ve been looking for. What is Captive Insurance? Captive insurance is a risk management...
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![IRS Revenue Ruling 2002-89 [Compliance Update]](https://rmcgp.com/hubfs/Imported_Blog_Media/blue-globe-1.png)
