Blog Posts from Portsmouth NH

Captive Insurers’ Court Losses May End Tax Planning Method

Captive Insurers’ Court Losses May End Tax Planning Method

May 06, 2019
Internal Revenue Service enforcement actions against in-house insurers that elect not to pay tax on premiums.
The Avrahamis Lose in Tax Court

The Avrahamis Lose in Tax Court

Sep 06, 2017
n August 21, 2017, the U.S. Tax Court decided against an 831(b) captive and its owners in a consolidated opinion on two eagerly anticipated cases, Avrahami v. Commissioner and Feedback Insurance Company, Ltd. v. Commissioner (Docket Nos 17594-13, 18274-13). 149 T.C. No. 7. The decision is significant in that it represents the first time any court has decided a case involving a captive that has made an election under section 831(b) of the Internal Revenue Code of 1986, as amended.
Family Law: Not Over ’Til It’s Over: Pre- and Post-Petition Conduct Is Fair Game in Divorce Cases

Family Law: Not Over ’Til It’s Over: Pre- and Post-Petition Conduct Is Fair Game in Divorce Cases

Aug 15, 2016
The New Hampshire Supreme Court recently decided two cases that broadened the scope of conduct the trial court considers in divorce matters, before marriage and after filing a petition.
BNA Daily Tax Report: Tax Triangle

BNA Daily Tax Report: Tax Triangle

Dec 21, 2013
Section 83 Applicability Takes Center Stage in Google, Time Warner, IRS Tax Triangle by Nicole M. Bodoh.