Business transition planning: What is an ESOP and when is it the right choice?
RECORDED WEBCAST | January 22, 2025
Authored by RSM US LLP
Event overview
Many owners of private businesses are searching for a transition plan that not only addresses their personal financial goals but also sets up their businesses for success well into the future. While employee stock ownership plans (ESOPs) are not new, the confluence of the growing number of business owners facing retirement, business owners’ desire to create a lasting legacy and a burgeoning industry of ESOP proponents has put ESOPs front and center in the transition planning conversation. Whether your transition is years away or just around the corner, now is the time to start planning.
Join us Jan. 22 at 1 p.m. EST for a discussion about ESOPs and when they are a good choice for an owner’s transition plan. During this informative webcast, RSM’s team will address the following questions:
- What is an ESOP and how does it operate?
- Is my business a good candidate for ESOP ownership?
- What are the advantages and disadvantages of ESOPs compared to other transition options?
- Are the tax benefits of ESOPs real?
This webcast will provide valuable insights into the advantages and operations of ESOPs, helping you determine if an ESOP is the right fit for your business transition strategy. Don’t miss this opportunity to gain essential knowledge and prepare your business for a successful transition when the time comes.
Register now to secure your spot and stay informed about the potential benefits and considerations of ESOPs for your business.
Presenters
- Justin Stallard | Partner | RSM US
- Justin Stallard is a tax partner and member of RSM’s private company leadership team. He has more than 25 years of experience advising middle market businesses and their owners in the manufacturing and distribution, consumer products and business and professional services industries.
- View full bio >
- Anne Bushman | Partner | RSM US
- Anne Bushman leads the Washington National Tax compensation and benefits group at RSM US LLP, providing a range of tax consulting services.
- View full bio >
Learning objectives
Upon completion of this webcast, attendees will be able to:
- Explain the fundamentals of ESOPs including: what an ESOP is, how it operates, and the key components involved in setting up and managing an ESOP
- Evaluate ESOP suitability for your business by exploring the considerations that make an ESOP a viable transition option
- Compare the benefits and drawbacks of ESOPs with other ownership transition options, including the potential tax benefits, to make informed decisions about the best transition strategy for a business
CPE credits
CPE credit available
RSM US LLP is pleased to offer 1.0 CPE credits for attending each webcast. To qualify, you must log in to the webcast and provide your first name, last name and email address. You must remain logged in for a minimum of 50 minutes and answer 75 percent of the polling questions to receive credit. Group CPE is not available. For more information regarding administrative policies, such as refunds, cancellations and complaints, please contact us.
RSM US LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
- Advance preparation: None
- Program level: Basic
- Prerequisites: None
- Delivery method: Group internet-based
- Field of study: Taxes
- CPE: 1.0 credits per webcast
Event details
- Date and time
- Wednesday, January 22, 2025
- 1 p.m. ET | Noon CT
- Intended audience
- CEOs, chief financial officers, controllers, tax executives, business owners
- Duration
- 60 minutes
- CPE credits
- One CPE credit will be issued to eligible participants
- Fee
- Complimentary
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Source: RSM US LLP.
Reprinted with permission from RSM US LLP.
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The information contained herein is general in nature and based on authorities that are subject to change. RSM US LLP guarantees neither the accuracy nor completeness of any information and is not responsible for any errors or omissions, or for results obtained by others as a result of reliance upon such information. RSM US LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect information contained herein. This publication does not, and is not intended to, provide legal, tax or accounting advice, and readers should consult their tax advisors concerning the application of tax laws to their particular situations. This analysis is not tax advice and is not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer.
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