Brian Dooley, CPA and Jeff Moffat, attorney at law, hosted a business and tax seminar for the California Society of Certified Public Accountants on captive insurance companies for the privately owned business. The seminar qualified for three hours of continuing education. Attorneys in most states will get three hour of continuing education credit for watching this video.
If you are going to watch this movie to find out a "hidden" tax deduction, then you are in the wrong place. This video clearly explains that there are some good tax consequences, but on the whole taxes are not a good reason to start a captive insurance company.
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