A physician who owns a network of urgent care clinics was correctly denied tax deductions along with his wife for over $1 million in premiums they paid to insurance companies they owned, the government told the Fifth Circuit, saying the captive arrangements didn’t qualify as insurance for tax purposes.
5th Circ. Urged To Deny Tax Break For Doc’s Captive Insurance
by usoftax_admin | Dec 19, 2024 | Tax News