Government Files Answer In Suit Against IRS Over Microcaptive Insurance, Investigation

Mealey's (March 1, 2022, 11:11 AM EST) -- WEST PALM BEACH, Fla. — In a Feb. 24 answer to a tax attorney’s complaint in a Florida federal court that asserts that the Internal Revenue Service treated her unfairly, disclosed confidential return information and “has sought to destroy the microcaptive insurance industry,” the government counterclaims against her for more than $10 million in unpaid penalties....