The Power of ESOP: What is it, why is it popular, and what are the business benefits? | BDO USA, LLP | 13 June 2017 | McLean, VA, United States
Venue
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| Event Date | Tue Jun 13 EDT (over 7 years ago) |
| Location | McLean, VA, United States |
| Region | Americas |
Details
Should you consider an ESOP? Join BDO for a complimentary, CPE-qualified seminar to learn the power of an Employee Stock Ownership Plan (ESOP), why it is popular, and what the business benefits are to your organization.
This session will be an overview of the ESOP structure (particularly the S-Corp ESOP structure). This discussion will highlight a case study that provides a clear liquidity option for business owners who want to sell, but not give up control of the business.
Learn about the ESOP advantages:
Increase employee involvement, productivity, and retention
Increase company profitability
Retain control of your company
Eliminate corporate income taxes
Receive tax-deferred treatment on proceeds from sale of a business
Repay debt with tax deductible or pre-tax dollars
Speakers
Jay Powers,
Managing Director ESOP Advisory Group, BDO USA, LLP
Michael Scanlon,
Senior Vice President and Relationship Manager, Government Contractor Group, SunTrust Bank