By Sean King, JD, CPA, MAcc
Principal, CIC Services, LLC
This is Part 2 of a series on the United States Tax Court’s recent Avrahami decision.
Recently the United States Tax court issued the long-awaited opinion in the Avrahami captive insurance case. And after more than 30 years of losing most every captive insurance case of consequence, the IRS finally got a win.
In Part 1 of this series we discussed the court’s decision that the Avrahami captive insurance arrangement failed More