Notice to Taxpayers is Heavy on Innuendo, Light on Specifics
WASHINGTON, DC – The Internal Revenue Service today issued a statement suggesting a greater focus in the next year on S-Corp ESOPs and tax compliance, particularly for companies with a parent holding or management company structure and certain owner finance arrangements. While very short on specifics, the IRS communication appears to be driven by aggressive marketing of ESOP plans by some, although the IRS provides no specific examples of where an ESOP has been used in the manner they suggest.
The ESOP Association
ESOP Association Resources
Aug. 08
The shared passion for employee ownership is something that runs deep throughout the ESOP community. It’s something we all feel strongly about, and a key driver of why the ESOP model works for so many millions of Americans. But what is it, scientifically, about ESOP culture that fosters this pride among employee owners?
Aug. 03
Earlier this year, The ESOP Association announced the first Chapter expansion since the 1990s to better serve our membership, reinstating a standalone Florida Chapter and creating the Rocky Mountain Chapter, serving Arizona, Colorado, New Mexico, Utah, and Wyoming. TEA is excited to announce our newest chapters are already making great progress, and both will be hosting their inaugural conferences in August (Florida) and September (Rocky Mountain)!
Jan. 30
Inside this Issue:
Preview of the Upcoming OH/KY Chapter
2023 Spring Conference
Great Lakes Conference Recap
Legislation Update
Meet Your OH/KY Chapter Officers
New Member Spotlight
Thank Our Sponsors
Preview of the Upcoming OH/KY Chapter
2023 Spring Conference
Great Lakes Conference Recap
Legislation Update
Meet Your OH/KY Chapter Officers
New Member Spotlight
Thank Our Sponsors
Chapter News
Jan. 26
For the first time since the 1990’s, The ESOP Association Board of Directors has voted to add new Chapters, including an all-new Rocky Mountain Chapter and a re-instated Florida Chapter.
Jan. 26
This month's issue of the ESOP Report includes The ESOP Associations advocacy victories, the expansion of Chapters, and ESOP New Year's resolutions.
Chapter News, Resource
Dec. 31
A recap of the year’s events, including the addition of five new chapter members, a summary of chapter member visits to Capitol Hill, and a look at the chapter’s successful efforts to host the Midwest Conference.
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, President's Page, Safe Harbor, Layoffs, EBSA, Economic Performance Survey
Dec. 01
Research shows that employee owned firms are dramatically better at retention.