Warrants & SARs in ESOP Transactions: Accounting, Tax, and Best Practices

Jessica Boicourt is a director in Katz, Sapper & Miller’s Technical Accounting Advisory Services Group. She serves as a specialized resource and technical expert helping KSM clients and engagement teams identify and better understand complex accounting and auditing topics by staying abreast of new accounting and professional standards. Jessica is involved in technical accounting research, firm compliance initiatives, training, and internal quality assurance processes. Additionally, she works with clients to help ensure accurate accounting and financial reporting and verify that strong and efficient control structures are in place across their financial processes. Jessica advises clients in a multitude of industries with a focus on ESOP, not-for-profit, government, and real estate. She also provides guidance on the intricacies of government assistance programs, International Financial Reporting Standards, and risk-based auditing.

Dan Sailer is a director in Katz, Sapper & Miller’s Valuation Services Group. He is passionate about guiding clients through their succession alternatives by advising them on estate planning, gifting strategies, employee stock ownership plans (ESOPs), corporate transactions, and other valuation matters. Dan combines his years of experience working with closely held companies with his skillsets of valuation and financial modeling to develop ideas, strategies, and scenario analyses to solve problems and optimize his clients’ goals. Dan also has experience with dispute resolution, litigation support, and valuation of complex capital structures.

Zach Kubly is a director in Katz, Sapper & Miller's Business Advisory Group. Experienced in federal and state tax matters, Zach works with clients in a wide range of industries, including agriculture, manufacturing, distribution, and transportation. Zach helps clients minimize tax liabilities and plan for future opportunities. He provides consulting services to clients of various sizes “ from small businesses to large corporations “ and equips them with the advice they need to make timely, accurate, and educated business decisions. Prior to joining KSM, Zach spent six years at a Big Four firm serving midsized companies and five years with local firms working with small businesses and their closely held owners.