Implausible deniability

During the Regan administration, certain incidents raised questions that had overtones of the Watergate Scandal, involving “what did the President know and when did he know it?” Certain members of the administration noted that the president was not...

New rules from IRS on captive insurance

Captive insurance is a device used by some small businesses in Ohio to provide a form of self-insurance. The “captive” insurance company is a captive of the entity it insures. For instance, a factory or manufacturing plant may create a captive insurer to...