Month: October 2013

Ten Favorite Things About Captive Insurance Companies

A couple of weeks ago, I wrote an article on my 10 pet peeves regarding captive insurance companies, entitled Tax Shelters, Nebraska Hurricanes And Other [...]

IRS increases its scrutiny of captive insurance arrangements

Internal Revenue Service scrutiny of captive insurance arrangements is increasing, and much of it is aimed at small captives utilizing the 831(b) tax election, [...]

IRS Clarifies Who Is Subject to 50% Limit on Meal and Entertainment Expenses

The IRS issued final regulations clarifying which party is subject to the 50% limit on deductible meal and entertainment expenses under Sec. 274(n) (T.D. [...]

Tax Scam Alert: Identity Theft, Phony E-mails, and the IRS

Beware of IRS' 2010 'Dirty Dozen' Tax Scams The Internal Revenue Service issued its 2010 "dirty dozen" list of tax scams, including schemes involving [...]

Like Share Print IRS Warns of New E-Mail and Telephone Scams Using the IRS Name; Advance Payment Scams Starting

WASHINGTON — The Internal Revenue Service today warned taxpayers to beware of several current e-mail and telephone scams that use the IRS name as a lure. The [...]

Don’t be Scammed by Fake IRS Communications

The IRS receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the Internal [...]

Investing in Real Estate? Consider an LLC

Creating an LLC can save rental property owners a great deal of money and headache, provided that the owners take proper precautions. For more information, [...]

Limited Liability Company 101

As a business owner, you will be faced with many important decisions, including what business structure to use in your company formation. While many countries [...]

Limited Liability Companies for Beginners

Over the past fifteen years, limited liability companies have become one of the most popular ways for investors to structure their holdings, beating out [...]

How Families Can Invest Together with an LLC

One of the best uses of a limited liability company is as a vehicle for families to pool their money together to invest alongside one another. The benefits of [...]