12+ hour, 48+ min ago  (116+ words) news. bloombergtax. com The IRS is looking at updating the closing agreement guidance for failed life insurance contracts, an official said Friday. Several revenue procedures are under consideration for changes, said Megan Mc Guire, an attorney at the IRS Office…...

3+ week, 20+ hour ago  (921+ words) Private placement life insurance, or PPLI, has moved from a niche strategy to a mainstream wealth planning tool. Its growth has drawn attention from policymakers such as US Sen. Ron Wyden (D-Ore.). Even so, it has become a core solution…...