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Captivating Thinking
Knowledge is power. That’s why we’re always looking to educate business owners on the best practice when it comes to Captive Management. But we also want to give you the resources you need to guide you through the risk management process. In the CIC Services Knowledge Center, you can:
- Read about CIC in the news
- Learn about industry standards
- Stay up-to-date on upcoming events
Explore these resources and equip yourself for the future!
Perspective On March 2020 IRS Letter to Captive Owners
(The below is informational only and does not constitute advice. Consult your independent tax advisor for specific recommendations or advice regarding your captive insurance structure.) Over the last week the IRS appears to have sent a standard form letter to many (perhaps all) participants in captive insurance transactions covered by IRS Notice 2016-66. This does […]
New York Times Article Praises Small Captives
Sometimes praise comes from the most unlikely sources. With the economic onslaught caused by COVID-19, even a New York Times columnist is suggesting what we have always said – that small captives are a powerful risk management and survival vehicle for small and middle-market companies that can actually save businesses and save peoples’ jobs.
Coronavirus: Captive Insurance’s Finest Hour?
The coronavirus represents a potentially historic challenge for the world’s economy, and captive insurance companies are by no means immune from its potential impacts. In fact, unless risks are properly managed, captive insurance companies are potentially doubly exposed to coronavirus related losses. We explain why below, and we also note some steps that you might […]
CIC Services’ Lawsuit Against The IRS Riding A Wave Of Support
Over the past few months, we have been reporting on CIC Services’ lawsuit against the IRS and its unlawful Notice 2016-66. In a split decision, the U.S. Sixth Circuit Court of Appeals denied granting an injunction against, IRS Notice 2016-66, but the dissenting opinion was powerful and compelling. CIC Services has appealed the case to […]
Attorneys Question IRS Press Release
American author Mark Twain popularized the expression that there are, “lies, damn lies and statistics.” I suspect that if he were alive today, he might say, “there are lies, damn lies, statistics and IRS press releases about captive insurance companies.”
Captivating Thinking
Knowledge is power. That’s why we’re always looking to educate business owners on the best practice when it comes to Captive Management. But we also want to give you the resources you need to guide you through the risk management process. In the CIC Services Knowledge Center, you can:
- Read about CIC in the news
- Learn about industry standards
- Stay up-to-date on upcoming events
Explore these resources and equip yourself for the future!
Perspective On March 2020 IRS Letter to Captive Owners
(The below is informational only and does not constitute advice. Consult your independent tax advisor for specific recommendations or advice regarding your captive insurance structure.) Over the last week the IRS appears to have sent a standard form letter to many (perhaps all) participants in captive insurance transactions covered by IRS Notice 2016-66. This does […]
New York Times Article Praises Small Captives
Sometimes praise comes from the most unlikely sources. With the economic onslaught caused by COVID-19, even a New York Times columnist is suggesting what we have always said – that small captives are a powerful risk management and survival vehicle for small and middle-market companies that can actually save businesses and save peoples’ jobs.
Coronavirus: Captive Insurance’s Finest Hour?
The coronavirus represents a potentially historic challenge for the world’s economy, and captive insurance companies are by no means immune from its potential impacts. In fact, unless risks are properly managed, captive insurance companies are potentially doubly exposed to coronavirus related losses. We explain why below, and we also note some steps that you might […]
CIC Services’ Lawsuit Against The IRS Riding A Wave Of Support
Over the past few months, we have been reporting on CIC Services’ lawsuit against the IRS and its unlawful Notice 2016-66. In a split decision, the U.S. Sixth Circuit Court of Appeals denied granting an injunction against, IRS Notice 2016-66, but the dissenting opinion was powerful and compelling. CIC Services has appealed the case to […]
Attorneys Question IRS Press Release
American author Mark Twain popularized the expression that there are, “lies, damn lies and statistics.” I suspect that if he were alive today, he might say, “there are lies, damn lies, statistics and IRS press releases about captive insurance companies.”
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