by Brian Mahany It didn’t take long. On July 18th we wrote about the new IRS audit push on captive insurance companies. Unless very carefully crafted, the IRS considers most to be abusive tax shelters. This means big penalties if you misuse one to avoid taxes. Unfortunately, the captive insurance market has attracted its fair […]
FBI, SEC Lose Focus on Recovering Assets for Fraud Victims
by Brian Mahany “With the FBI focusing its efforts on gathering intelligence and information, and the Securities and Exchange Commission dogged by accusations of failing to go after the pocketbooks of the largest Wall Street offenders, it may be time for the private sector to pick up the sword in the fight to recover assets […]