The ESOP Association
ESOP Association Resources
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, President's Page, Prohibited Transaction
Mar. 01
ESOPs: The answer for retaining jobs?
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Jan. 18
A nationwide grassroots effort stops a push to limit the tax benefits of S corporations sponsoring ESOPs. Instead, Congress approves an initiative sponsored by The ESOP Association to expand the tax deduction paid on ESOP stock. Various pro-ESOP proposals become law upon enactment of the popular ERISA reform legislation. Notably, 80 percent of the members of key tax committees in the House and Senate take public positions in support of ESOPs.
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