IRS Further Clarifies Current Focus on ESOPs

The IRS clarified at an American Bar Association conference that its new focus on ESOPs extends only to abusive schemes involving high-income taxpayers.

New Research on the Impact of UK Employee Ownership

New research released on October 19, 2023 on employee ownership in the United Kingdom – the People Powered Growth Report – suggests the UK’s employee ownership sector is outperforming the UK’s national productivity while contributing to several meas

New Resources for Employee Ownership Month

Employee Ownership Month provides us with an opportunity to celebrate, reward, and educate employee-owners and the companies they work for. Stepping back, it’s helpful to understand the history behind the celebration and why it matters today.

Apis & Heritage Releases First Annual Impact Report

Apis & Heritage Capital Partners (A&H), a middle-market mezzanine debt firm with the mission of closing the racial wealth gap using employee ownership, has released its first annual impact report, highlighting some of the successes of its initia

Nominations Being Accepted for NCEO Board of Directors

Annual elections for our board of directors will take place in January, and NCEO members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 8.  

Clarification on the Recent IRS Press Release

Our friends at the Employee-Owned S Corporations of America (or ESCA) have reported that they've had constructive dialogue with the IRS regarding their recent press release on ESOPs