alliantgroup’s Steven Miller Featured in Accounting Today

According to former IRS Acting Commissioner Steven Miller, if your business has formed a captive insurance company that has elected small insurance status, there is a good chance that you will be hearing from the IRS.

In his article appearing in Accounting Today, “Small Captive Insurance Companies Hit the IRS Dirty Dozen List”, the former commissioner and alliantgroup’s current National Director of Tax warns both managers and owners of small captive insurance companies of the IRS’ recent crackdown on CICs. While Miller notes that small captive insurance companies (or CICs) can be perfectly legitimate tax structures, he outlines the IRS’ renewed focus on abuses in this particular area, highlighting the need for small businesses to take a proactive approach in ensuring their compliance with IRS guidelines.

alliantNationalalliantgroup’s national practice, provides subject matter expertise on complex and emerging federal, state and international tax issues as well as legislative and regulatory affairs to help businesses receive timely and precise guidance on all their tax mattersContact us today to learn how your business can benefit from alliantgroup’s tax consulting services

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alliantgroup offers companies expert consulting services regarding research and development, manufacturing, exporting, energy-efficient design, and hiring in certain established enterprise zones.