To what lengths should business owners and professionals go to reduce their taxes and keep more of their hard earned money?  Provided they are conducting legitimate business transactions, the answer is

It is no secret that the IRS is no fan of captive insurance companies, whether they are owned by large corporations or small businesses.  Over the last few years, two things have become increasingly clear. One, the IRS continues to lose in U.S. Tax Court in its attacks on captive insurance companies.  In 2014, the […]

The Ides of April are upon us, and business owners across the Fruited Plain are mailing checks to the IRS.  On the one hand, a business owner may write a large check to the IRS and think, “it’s a good thing to send the IRS a huge check, because it means we made money.”  On […]

We were having a discussion on how best to explain to remarkable benefits of enterprise risk management with a captive insurance company, when Tom King, Principal and Founder of CIC Services proclaimed, “This really is the best self-insurance money can buy!” Tom was referring to the chart below that visually depicts

For many business owners and CFOs, risk management is not an enjoyable topic.  So, how can Enterprise Risk Management (ERM) surge wealth?  After all, a complex nomenclature like “Enterprise Risk Management” sounds like code for “spend more money.”  However, the opposite is the case.  Developing and executing a more mature risk management approach – described […]