Employee stock ownership plans (ESOPs) provide businesses with a way to motivate and reward employees, while also creating a business succession strategy. Once established, ESOPs must be properly managed at both the plan and corporate level. This is not easy in an ever-changing regulatory environment.
Join our ESOP professionals as they discuss the ESOP-specific nuances of three important business areas. We will share how and why each is slightly different when looked at through the lens of an ESOP-owned business:
- Newly applicable accounting standards: Revenue recognition and goodwill
- Tax year-end updates and reminders: Status of tax reform and compliance requirements
- Takeaways from recent IRS and DOL exams: Current areas of focus and controversy
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