Pinnacle APEX Webinar - New IRS Reporting Rules for Captives Taking the 831(b) Election

Pinnacle Principal and Consulting Actuary Rob Walling was joined by Nate Reznicek, president of Captives.Insure, and Jeff Simpson, partner at law firm Womble Bond Dickinson (US) LLP, to discuss recent IRS regulations impacting captives taking 831(b) elections. The group touched on all the relevant changes, including the important regulations related to classifying micro-captive transactions. The presenters also covered updated loss ratio thresholds, reporting requirements and potential penalties and detail how the new IRS regulations may impact captive insurance strategies.