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forbes.com > sites > jayadkisson > 05/09/2026 > microcaptive-investing-in-life-insurance-gets-40-penalty-in-kadau

Microcaptive Investing In Life Insurance Gets 40% Penalty In Kadau

4+ mon, 3+ day ago   (531+ words) We now rejoin the Kadau microcaptive case already in progress. This case was last discussed in my article, IRS Wins Two More Microcaptive Tax Shelter Cases In Kadau And CFM (Aug. 12, 2025). There, the U.S. Tax Court held that a risk-pooled captive…...