Captive Insurance: 831(b), 831(a) and Tax Court Updates (Video) (Course Id 2743)

Captive insurance has become one of the most talked-about strategies in risk management and tax planning, but many CPAs and advisors are still unsure how these structures work in practice. Is a captive just for large corporations, or can small and mid-sized businesses benefit too? This CE course tackles those questions head-on, giving you a clear introduction to the purpose and mechanics of captive insurance companies.

We’ll explore the building blocks of captives, including how they are formed, governed, and funded. You’ll examine key tax issues under Sections 831(b) and 831(a), while also considering the accounting and compliance rules that apply when captives are part of a client’s financial structure. Along the way, you’ll gain insight into the practicalities of advising clients on whether a captive is the right fit for their risk and financial profile.

Major Topics:

• Captive Structure Fundamentals
• Tax Court Developments
• Risk Transfer Principles
• Premiums and Reserves
• Compliance and Regulation

From risk transfer principles to Tax Court developments, this session provides a balanced blend of technical depth and practical application. By the end, you’ll be equipped with a strong foundation to discuss captive strategies confidently, spot opportunities for your clients, and navigate compliance requirements effectively. If you’re ready to expand your advisory toolkit and add value in a complex but rewarding area, this course is for you.

Course Learning Objectives

• Identify common captive insurance structures and explain their core characteristics.
• Explain tax and accounting treatment of premiums, reserves, and transactions.
• Analyze when captive insurance arrangements fit client-specific risk and profiles.
• Discuss compliance and regulatory requirements for forming captives in practice.
• Explore practical strategies for integrating captives into advisory services.