The Unspoken and Dark Side of ESOPs

The Unspoken and Dark Side of ESOPs

We are not talking about Star Wars when we mention the Dark Side of ESOPs.  We are talking about a very real, financially and fiduciarily binding obligation each ESOP must deal with – the repurchase of company shares of stock that employees participating in the...
TO: Baby Boomer Business Owners

TO: Baby Boomer Business Owners

If you are a Baby Boomer and the owner of a privately held business, you either are or will be part of one of the greatest transfers of private wealth ever. Baby Boomers (1945-1964) are now in their mid-50’s to early 70’s. The wealth transfer applies to each and every...
Lots of Tax Advantages with an ESOP – Even Tax-Free!

Lots of Tax Advantages with an ESOP – Even Tax-Free!

Although it’s a very powerful structure for many ESOP owned companies, it continues to be shocking to many owners and their tax advisors that a company owned 100% by an ESOP is essentially tax exempt. Believe it! This competitive tax advantage is the result of the...
5 Steps to Fund ESOP Repurchase Liabilities

5 Steps to Fund ESOP Repurchase Liabilities

Are your company’s ESOP repurchase obligations like a monster hiding in the closet? How can you develop a plan for managing and funding repurchase obligations if you don’t know what they are? An ESOP company with privately-held stock has a statutory...