Businesses have often found it beneficial to form captive insurance companies to insure the risk of their owners. Capitive insurance companies offer potential economic and risk management benefits; however, they have drawn the IRS's ire, often asserting that such companies are tax shelters. Recently, the IRS labeled certain transactions relating to small captive insurance companies as "transactions of interest", a designation that results in additional tax reporting requirements for taxpayers and their advisors. The new rules go into effect January 31, 2017, so it's imperative that your clients become compliant now. This webinar will provide attendees with a background on captive insurance companies, how the new rules impact your clients, and what you need to do now to prepare.
Clark Hill Strasburger
Partner
tgreaves@greaveswu.com
(202) 412-0019
Travis concentrates his practice on federal and state civil and criminal tax controversies, tax planning, and estate planning. He represents individuals, partnerships, and corporations through all stages of tax investigations and litigation. He also works with individuals and families to efficiently plan for the future, including estate planning and business succession planning. In addition, Travis is an Adjunct Professor at Georgetown University Law Center, where he has taught criminal and civil tax controversy courses. Prior to co-founding Greaves | Wu, he served as the Tax and Economic Policy Advisor to Louisiana Governor Bobby Jindal, practiced in the tax group of a major international law firm and served as an Attorney Advisor at the United States Tax Court.