ESOP Webinar Series Part 4: The ABCs of ESOP Plans – How an ESOP Can Work for Your Company
Wednesday, September 29, 2021
9:00am - 10:30am
Welcome to Kreischer Miller's 5-part ESOP webinar series with topics that will be applicable to both companies that are already structured as an ESOP as well as those that may be considering converting to an ESOP.
Part 4 of our ESOP webinar series: The sale of a company to an Employee Stock Ownership Plan (ESOP) allows an owner to tap into the value of their company while providing unique tax advantages and long-term benefits to employees. This educational discussion addressed what an ESOP is and how it can be a powerful exit strategy.
Agenda items included:
- ESOP overview and mechanics
- Various advantages and disadvantages for the sellers and employees
- Tax benefits unique to ESOP transactions
- Accounting considerations
Presenters:
- Steve Feimster, Manager, Audit & Accounting
- Andrew Berger, Manager, Tax Strategies
Click here to download the slides from the presentation.
Watch the video:
Watch the Rest of Kreischer Miller’s Complimentary ESOP Webinar Series below:
ESOP Webinar Series Part 1: The Effect of Biden Tax Proposals on ESOP Companies
ESOP Webinar Series Part 2: Maintaining Control Over the Decision to Sell Your ESOP Company
ESOP Webinar Series Part 3: Managing Your Repurchase Obligation
ESOP Webinar Series Part 5: Using Your ESOP Plan as an Acquisition Tool