The IRS, ESOPs, and the Greater Good

On August 9, the IRS issued a press release warning about tax avoidance in employee stock ownership plan (ESOP) transactions.

BDO Sets Up ESOP for Its Employees

BDO USA, the U.S.’s sixth-largest accounting and advisory firm, announced it will set up an ESOP that will buy a substantial minority interest in the company.

IRS: Compliance Issues at ESOP Companies

The IRS issued a news release on August 9 stating that as part of “an expanded focus on ensuring high-income taxpayers pay what they owe,” it was warning “businesses and ta

Discover the Path to Empowering Your Employees through ESOPs

We are excited to present our highly anticipated 1.5-day seminar Is an ESOP Right for You? in New Orleans from October 24–25,2023. As the ESOP landscape grows, this event aims to equip entrepreneurs, business owners, and HR professionals with in-depth knowledge on ESOP transaction structures, plan design, financing, and more.

Act to Promote Private Employee Ownership Introduced in Both Houses

The Promotion and Expansion of Private Employee Ownership Act has been introduced in the House and the Senate. The bill is a revision of a proposal submitted in each Congress to encourage the growth of S corporation ESOPs. Both bills have bipartisan support.

Join Us for NCEO Office Hours!

The NCEO always seeks new ways to support and connect the employee ownership community. That's why, starting July 27, we will offer monthly NCEO Office Hours! Each month, two NCEO staff members will be available to answer your questions, provide insights, or give you a glimpse behind the curtain.