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flag IRS finalizes microcaptive insurance rules, sidestepping industry expert feedback.

flag In January, the IRS finalized regulations on microcaptive insurance arrangements, largely ignoring feedback from industry experts. flag Microcaptives allow businesses to create their own insurance companies for self-insurance. flag Critics say the IRS did not adequately consider the input provided by industry professionals, leading to regulations that may not effectively address the complexities of these arrangements.

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