By Sean King, JD, CPA, MAcc Principal, CIC Services, LLC This is part two of our series on the recent Reserve Mechanical tax court opinion that gave the IRS a much-needed win. In part one of this series we discussed the impact of the Reserve Mechanical decision on risk distribution arrangements in general and on […]

Captive Insurance Times (CIT) recently published Sean King’s second article on the Reserve Mechanical Tax Court Case.  CIT titled Sean’s article, “The Return Of The King.”  Sean is an Attorney and CPA and is a Founding Principal of CIC Services, LLC.   CLICK HERE to read Sean’s article in CIT Issue 154.  Sean’s article begins […]

Uncertain regulatory changes, increased costs of care and restrictions in access to coverage continue to threaten the amount of control employers have over their healthcare insurance.  Industry studies show that employee benefits can account for over 35% of payroll expenses and that the availability and quality of benefits programs are among the key determining factors […]

After a decades long streak of losing most every Tax Court case of consequence involving captive insurance companies, the IRS has managed over the last year to win two, though they are both of questionable relevance to most of the captive insurance industry. The most recent case is called Reserve Mechanical.  Like Avrahami, it involved […]

Captive Insurance Times (CIT) recently published Sean King’s first installment on the Reserve Mechanical Tax Court Case.   CLICK HERE to read Sean’s article in CIT Issue 152.  Sean’s article begins on page 16.