safe moneyThe following is Part IV of a six-part series of blog postings regarding whether a captive insurance subsidiary or one owned by the owners or affiliates of a company may represent an effective risk management tool that also provides economic benefits. Although there are various types of captive insurance, this posting and the two to follow will focus primarily on single parent/pure captives and how they might provide economic benefits for you or your food and agribusiness company. Part I,  Part II and Part III of the blog series are here.

This posting discusses the types of insurance coverage that may be effectively provided by a captive insurance subsidiary.    


Continue Reading Using Captive Insurance to Create Value for Your Company – Part IV

The following is Part III of a six-part series of blog postings regarding whether a captive insurance subsidiary or one owned by the owners or affiliates of Insurance Riska company may represent an effective risk management tool that also provides economic benefits. Although there are various types of captive insurance, this posting and the three to follow will focus primarily on single parent/pure captives and how they might provide economic benefits for you or your food and agribusiness company. Part I and Part II of the blog series are here.

This posting turns its attention to two basic elements of insurance – risk transfer and risk distribution.    


Continue Reading Using Captive Insurance to Create Value for Your Company – Part III

The following is Part II of a six-part series of blog postings regarding whether a captive insurance subsidiary or one owned by the owners or affiliates of a company may represent an effective risk management tool that also provides economic benefits. safe moneyAlthough there are various types of captive insurance, this posting and the four to follow will focus primarily on single parent/pure captives and how they might provide economic benefits for you or food and agribusiness company. Part I of this series can be found here.

This posting discusses an alternative to ownership of the captive by the holding company itself — how a business’s owners considering implementing captive insurance as an enterprise risk management tool can also use it as an estate planning or family wealth transfer tool.


Continue Reading Using Captive Insurance to Create Value for Your Company – Part II

On December 17, 2015, the U.S. Department of Justice (DOJ) announced that its Environmental and Natural Resources Division (ENRD) will increase efforts to work with the mining U.S. Department of Labor (DOL) to investigate and prosecute crimes related to workplace violations. According to the DOJ’s Deputy Attorney General Sally Quillian Yates, “On an average day in America, 13 workers die on the job, thousands are injured and 150 succumb to diseases they obtained from exposure to carcinogens and other toxic and hazardous substances while they worked.” As such, Ms. Yates said the DOJ is “redoubling its efforts to hold accountable those who unlawfully jeopardize workers’ health and safety.”

Continue Reading DOJ Looks to Increase Criminal Prosecutions for Workplace Violations

AirplaneHouse and White House negotiators have agreed to two provisions of the Protecting Americans from Tax Hikes Act of 2015, which may provide an incentive for business aircraft owners. Under the act, which is expected to pass Congress and be signed by the President, “bonus deprecation” is extended and the “expensing” provisions of the Internal Revenue Code are made permanent.
Continue Reading Protecting Americans from Tax Hikes Act (2015) Includes Changes to Bonus Depreciation and Small Business Expensing

Tax FormsOn December 4, 2015, President Obama signed legislation authorizing the federal government to revoke, deny, or limit passports for individuals with a “seriously delinquent tax debt.” The law defines “seriously delinquent tax debt” as owing the IRS more than $50,000 in tax, penalties, and interest. The measure, slipped into the enormous–more than 1,300 pages–highway funding bill [Fixing America’s Surface Transportation Act (“Fast Act”)], gives the State Department the authority to revoke, deny or limit passports for anyone the IRS certifies as owing more than $50,000 in tax debt. Taxpayers with current installment agreements with the IRS, whereby they have agreed to pay their tax debt over time, are exempted from the law.

Continue Reading “Do Not Pass Go” Unless and Until the IRS Collects $50,000+

The following is Part I of a six-part series of blog postings regarding whether a captive insurance subsidiary or one owned by the owners or affiliates of a company may represent an effective risk management tool that also provides economic benefits.  Although there are various types of captive insurance, this posting and the five to follow will focus primarily on single parent/pure captives and how they might provide economic benefits for you or your company.

Effective enterprise risk management (ERM) is an essential component of any successful business that in almost all circumstances imposes costs and expenses and represents a drag on a company’s profits.  Wouldn’t owners of such businesses and their managements be interested in learning about a risk management tool that provides insurance but may also result in the potential for increased earnings as well as tax savings and benefits?  Captive insurance might be that tool for your company.


Continue Reading Using Captive Insurance to Create Value For Your Company

Coins & MoneyOverview. Last week, the Securities and Exchange Commission (SEC) adopted new rules permitting “crowdfunding,” a method for growing businesses to raise capital over the Internet by soliciting small investments from a large number of individuals. The new rules are the final significant rulemaking procedure required by the Jumpstart of Business Startups (JOBS) Act of 2012 and aim to increase access to capital for new companies nationwide.

Continue Reading SEC Adopts Rules to Permit Crowdfunding – What You Need to Know

A definitive guide to legal excellence, the peer-review publication Best Lawyers released its rankings for 2016. This year, 109 Husch Blackwell attorneys were selected as “Best Lawyers in America” in an exhaustive peer-review evaluation, each in their respective fields. Best Lawyers also named 11 Husch Blackwell attorneys as “Lawyers of the Year.”

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