IRS Scrutiny of Abusive Structures
- Not Following the Safe Harbor Guidelines
- No Real Distribution of Risk
- No Claims Experience or Claims Layering
- High Deductible Risk Pools or Retroactive Policy Issuance
- Lack of Business Purpose
- Implementing a Captive to Obtain Tax Deductible Life Insurance
- Tax Opinion Written by an Interested Party
- Insuring Unreasonable Risks
- Paying Excessive Premium for your Coverage
- Treating Captive Assets as a Personal Checkbook
- Circular Transactions
- Investment Plans that Don’t Make Sense