taxlawforchb.com | Tax Law for the Closely Held Business | Farrell Fritz, P.C.

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Title	Tax Law for the Closely Held Business \| Farrell Fritz, P.C. \| State & Federal Tax
Description	The Tax Department of Farrell Fritz has created this blog to provide meaningful information and to elicit discussion regarding those Federal and New York tax issues which are of particular concern to closely-held business organizations and their
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taxlawforchb.com Valuation

US$3,670,459

Last updated: 2023-04-27 09:59:46

taxlawforchb.com has Semrush global rank of 2,883,646. taxlawforchb.com has an estimated worth of US$ 3,670,459, based on its estimated Ads revenue. taxlawforchb.com receives approximately 423,515 unique visitors each day. Its web server is located in United States, with IP address 104.21.4.209. According to SiteAdvisor, taxlawforchb.com is safe to visit.

Traffic & Worth Estimates

Purchase/Sale Value	US$3,670,459
Daily Ads Revenue	US$3,389
Monthly Ads Revenue	US$101,644
Yearly Ads Revenue	US$1,219,722
Daily Unique Visitors	28,235
Note: All traffic and earnings values are estimates.

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HtmlToTextCheckTime:2023-04-27 09:59:46

MENU Current Page: Home Resources Subscribe Contact Search… Search Tax Law for the Closely Held Business Legal Updates & Commentary for Tax & Estate Planning How Dealings between Related Parties Doomed a Captive Insurer By Farrell Fritz P.C. on March 16, 2021 Posted in Federal Insurance: What is it? How does it work? Assume that Acme Co [i] is paying premiums for commercial insurance [ii] coverage to protect itself from economic losses that may arise out of various events. These premiums are deductible in determining Acme’s taxable income; they represent an ordinary and necessary expense of conducting Acme’s business. [iii] As in the case of most insurance, the premiums are “lost” as the policy period expires – they are not recovered notwithstanding that the insured has not suffered a loss. Businesses will sometimes “self-insure” with respect to a particular loss [iv] by setting aside funds to cover their exposure to such loss. Thus, Acme may decide to establish a segregated account

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Updated Date: 2020-06-19T16:44:50Z
Creation Date: 2013-06-18T15:07:04Z
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taxlawforchb.com valuation and analysis