IRS Offers Settlement for Micro-Captive Insurance Schemes
![IRS Offers Settlement for Micro-Captive Insurance Schemes](/media/2286/irs-offers-settlement-for-micro-captive-insurance-schemes.jpg?anchor=center&mode=crop&width=1024&height=576&rnd=132132769100000000)
The Internal Revenue Service is offering a limited-time settlement for certain taxpayers under audit who took part in an abusive micro-captive insurance scheme. By participating, qualified taxpayers can escape tax evasion charges, but must pay back tax owed plus penalties.…
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