Call Now to Speak to an Agent (844) 899-0896 The IRS has initiated audits of hundreds of taxpayers with captive insurance companies and is also examining practitioners that are assisting CICs with compliance. For those businesses and practitioners found uncompliant with IRS standards, the consequences are severe and could include understatement and negligence penalties, as well as potential unwinding of the captive formation and loss of important tax benefits. If you or your client's CIC is already facing IRS examination, now is the time to let our experts defend your interests in the following areas: Audit defense Substantiation and documentation assistance Risk assessment of your captive (pooling analysis) Audit readiness Strategic help on future compliance For those seeking to protect their CIC, don't wait until the IRS starts an examination to ensure you are up to code. With a staff that includes former IRS
ReplyDeleteCall Now to Speak to an Agent (844) 899-0896
The IRS has initiated audits of hundreds of taxpayers with captive insurance companies and is also examining practitioners that are assisting CICs with compliance. For those businesses and practitioners found uncompliant with IRS standards, the consequences are severe and could include understatement and negligence penalties, as well as potential unwinding of the captive formation and loss of important tax benefits.
If you or your client's CIC is already facing IRS examination, now is the time to let our experts defend your interests in the following areas:
Audit defense
Substantiation and documentation assistance
Risk assessment of your captive (pooling analysis)
Audit readiness
Strategic help on future compliance
For those seeking to protect their CIC, don't wait until the IRS starts an examination to ensure you are up to code. With a staff that includes former IRS