Articles on employee-ownership from local sources.
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The Tax Magic of ESOPs April 27, 2016Lawrence G. Silver, CPADirector, Tax StrategiesWhat if you were able to sell some or all of your company’s stock and: Pay no federal and perhaps state income tax on the sale, The purchaser could deduct the interest and the principal on the debt incurred, The company could convert to an S corporation after the purchase and exempt future taxable profits of the...Read More
WHY YOU SHOULD CAREBecause who wants to be a have-not? WHY YOU SHOULD LET YOUR EMPLOYEES OWN YOUR COMPANY By Corey RosenThe author is the founder of the National Center for Employee Ownership, a nonprofit based in Oakland, CA. The rich are getting richer, and the poor keep muddling through. It’s a constant campaign refrain, and while most folks admit that economic inequality is a problem,...Read More
If You Dislike Paying Taxes, You're Going To Love ESOPs Darren Dahl , CONTRIBUTORI chronicle the impact and management of employee-owned companies. Opinions expressed by Forbes Contributors are their own. Ben Franklin famously said that the only things certain in life are death and taxes. But that’s only because ESOPs weren’t invented yet.While there is a growing appreciation for how ESOPs help...Read More