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How IRS Tax Exempt Rules Affect Key Man Life Insurance

By Byron Udell | July 25, 2008

How does the 2008 IRS tax exempt rules Key Man Life Insurance for S-Corporations? To find out, read on. A 2008 Internal Revenue Service addressed the tax exempt treatment of life insurance policy proceeds on Key Man life insurance policies of Sub-chapter S-Corporations; medical and/or otherwise. The 2008-42 Revenue Ruling addresses the issue of whether…

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