Reconsideration Of Dismissal Motion Denied In Captive Tax Shelter Dispute

( December 19, 2025, 12:53 PM EST) -- PITTSBURGH — A Pennsylvania federal judge denied a Pittsburgh-based corporation’s motion for reconsideration in its challenge to penalties tied to the corporation’s alleged promotion of a tax shelter through a purported captive insurance program, holding that the corporation failed to satisfy reconsideration standards and abandoned its constitutional challenge to the statutory prepayment requirement it claimed the court overlooked....