Journal of Accountancy Features Article on ESOPs
Scott D. Miller, CPA/ABV, president of Enterprise Services, Inc. in Delafield, WI recently published an article titled, “The ESOP Exit Strategy” in the March 2010 issue of the Journal of Accountancy. Mr. Miller is a professional member of The ESOP Association.
The article explores the advantages of using an ESOP as a succession plan as well as tax incentives and issues that need to be considered when utilizing an ESOP. You can read the full article here.
J. Michael Keeling, president of The ESOP Association, commented: “Although not as prevalent as it was 15 – 20 years ago, I still hear ESOP advocates lament that so many CPAs, lawyers, and other professional advisors steer their clients away from establishing an ESOP. Why? Because these advisors know next to nothing about ESOPs. Peer to peer education is so much more effective than an association trying to educate the uninformed, the cynics, and the naysayers. Thanks Scott for your time and energy in developing the article in the Journal of Accountancy.”
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