Insurance

The recent string of devastating hurricanes and wildfires in the U.S. and its territories has prompted questions about financial reporting by companies striving to recover from natural disasters while wrestling with their insurance companies over damage claims.

The House passed legislation Thursday that provides some tax relief to victims of the recent spate of hurricanes.

Why aren’t CPAs focused on this insidious growing problem that can adversely affect the families and businesses they been protecting for years?

The advisory firm knew the drill, but the storm still threw them for a loop.

The cleanup goes on long after the storm has passed. Here’s how financial planners can provide advice for one of clients’ most expensive traumas.

The Internal Revenue Service has prevailed in U.S. Tax Court in a case involving an Arizona jewelry store business that received a tax break by insuring itself for millions of dollars, in part against the risk of terrorism.

The new hot thing in tax avoidance has a boring old name: insurance dedicated funds.

The Texas legislature has passed a bill granting an exemption to CPA firms allowing them to provide a limited amount of insurance services to clients without being subject to sales taxes.

The long-awaited IFRS 17 will provide more consistent treatment for all types of insurance in different countries.

Taxpayers were required to file disclosures of so-called “micro-captive transactions” with the Internal Revenue Service by the beginning of this month, and many of them found it wasn’t so easy.