CORPORATE FINANCE Overview
An ESOP (employee stock ownership plan) is a tax-advantaged transaction that can simultaneously accomplish several financial and tax objectives.
The first advantage of creating an ESOP is that it allows business owners to individually tap into cash, or, at least a more liquid investment position, without having to give up ultimate control of their business. A second advantage of an ESOP is that it also allows a business to reduce its federal income tax liability at any given level of profitability while still offering a valuable employee benefit to its workers, thereby increasing employee morale.
Contact UHY Corporate Finance to learn more about how ESOPs work, how to structure your ESOP, and if an ESOP is a right fit for your business. ESOPs also provide a number of significant federal income tax benefits to an employer, an employer’s shareholders and its employees, that our tax group can assist you with.
CORPORATE FINANCE INSIGHTS
OUR PROFESSIONALS
PAUL JUFFER
Partner, UHY LLP
Managing Director, UHY Advisors
PAUL JUFFER
Partner, UHY LLP
Managing Director, UHY Advisors
JD GENESER
Partner, UHY LLP
Managing Director, UHY Advisors
JD GENESER
Partner, UHY LLP
Managing Director, UHY Advisors
JEREMY FALENDYSZ
Managing Director, UHY Corporate Finance
JEREMY FALENDYSZ
Managing Director, UHY Corporate Finance
ALEX CONTI
Managing Director, UHY Corporate Finance
ALEX CONTI
Managing Director, UHY Corporate Finance
STEVEN MCCARTY
Chief Executive Officer, UHY Advisors
STEVEN MCCARTY
Chief Executive Officer, UHY Advisors
LANCE HAYNES
Vice President, UHY Corporate Finance
ADDITIONAL CAPABILITIES
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