the 831(b) tax code does as well. Business owners operating a captive 831(b) plan may have an elevated risk of being audited. A captive manager confident in their conduct, guidelines and procedures should assist in the event of an audit. A captive manager should have the legal and tax advisor resources to assist and be willing to contribute financially to defend their customers. https://groups.diigo.com/group/webbroi/content/user/webbroi