Audit Alert: Why Business Owners Shouldn’t Be Spooked by Captive Insurance

You may have heard that this type of self-insurance is ripe for tax abuse, but when used correctly, it’s completely legit. So don’t shy away unnecessarily.

(Image credit: Getty Images)

Now that tax season is over, hand-wringing season has begun as many business owners wait and worry about whether an audit may be in their future.

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Bruce Willey, JD, CPA
Founder, American Tax and Business Planning

Bruce Willey has been working with small to midsize businesses across the country for more than a decade, helping them navigate business and tax law in a variety of situations. His services include assisting with business start-ups, operations, growth, asset protection, exit planning and estate planning.