IRS Captive-Insurance Summons Is Abusive, Firm Tells 11th Circ.

By Tori 3 years ago
Law360 (March 15, 2021, 4:29 PM EDT) — An IRS summons in search of 11 years’ really worth of information and facts on a legislation firm’s captive insurance policy shoppers is abusive, the company explained to the Eleventh Circuit on Monday, inquiring it to reverse a decrease court’s ruling necessitating it to comply with the ask for.

A Georgia federal courtroom erroneously enforced a summons issued by the Interior Earnings Company to Moore Ingram Johnson & Steele LLP, trying to find many years of files on the firm’s microcaptive lawful exercise, it mentioned. The IRS ask for was significantly far too broad and burdensome to comply with, the firm explained in its brief.

The summons seeks facts on the firm’s captive insurance…

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