Navigate the Complexities of Captive Insurance Taxation with Confidence
Captive insurance companies continue to play an important role in enterprise risk management and tax planning. However, increased IRS scrutiny, evolving regulatory guidance, and ongoing litigation have made it essential for tax professionals, CPAs, attorneys, and financial advisors to understand the tax treatment and compliance requirements under IRC §§ 831(a) and 831(b). This course covers the latest IRS guidance, recent court decisions, evolving compliance requirements, and current enforcement trends impacting captive insurance companies.
Join this comprehensive course to gain practical insights into captive insurance taxation, eligibility requirements, compliance obligations, and planning considerations. Whether you advise clients on captive insurance structures or are evaluating whether a captive arrangement is appropriate, this session will provide the knowledge needed to navigate today's increasingly complex regulatory environment with confidence.
What You'll Learn
During this course, you will learn how to:
- Understand the Final IRS Micro-Captive Regulations
- Differentiate between IRC § 831(a) and IRC § 831(b) taxation
- Identify eligibility requirements for making the § 831(b) election
- Evaluate common captive insurance structures and their business purposes
- Understand IRS scrutiny of micro-captive insurance arrangements
- Review recent IRS guidance, court decisions, and enforcement trends
- Recognize compliance, documentation, and reporting requirements
- Assess risk distribution, risk shifting, and actuarial considerations
- Identify potential audit risks and mitigation strategies
- Explore best practices for maintaining compliant captive insurance programs
Key Topics Covered
- Overview of IRC §§ 831(a) and 831(b)
- Final IRS Micro-Captive Regulations
- Recent Federal Court Decisions
- Current IRS Enforcement Priorities
- Transactions of Interest vs. Listed Transactions
- Reporting & Disclosure Requirements
- Risk Distribution and Risk Shifting
- Premium Deductibility
- Documentation & Governance
- Common Audit Triggers
- Best Practices for Compliance
- Revoking an IRC § 831(b) Election
- Practical Case Studies
- Future Outlook for Captive Insurance
Credits and Other information:
- Recommended CPE credit – 2.0
- Recommended field of study – Information Technology
- Session Prerequisites and preparation: None
- Session learning level: Basic
- Location: Virtual/Online
- Delivery method: Self Study
- IRS Course ID: PJGWS-T-00136-26-S
- Attendance Requirement: Yes
- Session Duration: 2 Hours
Who Should Attend?
This course is designed for:
- Certified Public Accountants (CPAs)
- Enrolled Agents (EAs)
- Tax Professionals
- Tax Attorneys
- Financial Advisors
- Controllers
- CFOs
- Insurance Professionals
- Risk Managers
- Business Owners
- Family Office Advisors
- Wealth Management Professionals
Speaker Profile:
Elan Becker is an Enrolled Agent admitted to practice before the IRS and the founder of Enrolled Agent Concierge, a boutique tax advisory practice known for white-glove service, responsiveness, and practical tax solutions. The firm guarantees a 48-hour client response time or the next month is free. With over a decade of experience in accounting, auditing, operations, and tax, Elan specializes in tax advisory, compliance, and resolution, guiding entrepreneurs and high-net-worth individuals through complex IRS codes to make tax work in their favor.
Credits and Other information:
- Recommended CPE credit – 2.0
- Recommended field of study – Information Technology
- Session Prerequisites and preparation: None
- Session learning level: Basic
- Location: Virtual/Online
- Delivery method: Self Study
- IRS Course ID: PJGWS-T-00136-26-S
- Attendance Requirement: Yes
- Session Duration: 2 Hours
A self-study course allows you to complete an educational program at your own pace and convenience, without attending a scheduled live webinar.
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