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In this video, ESOP attorney Kevin Long explains how an ESOP can be used to refinance outstanding debt.   Transcript An ESOP can refinance outstanding debt using an issuance transaction. Briefly put, if there is outstanding debt on the balance sheet, a new loan can be taken from a ...
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One option for a company to raise capital is by using an ESOP. Watch our video to learn more.   Transcript An ESOP can raise capital by creating what we call an issuance transaction. In that transaction, the company or the ESOP borrows money from a bank and purchases new shares ...
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Homeschooling at the National ESOP Conference? As they say, you should never let a good crisis go to waste. Teaching and learning at home can be an added strain on employees and business owners. However, a well-executed pivot by the National Center for Employee Ownership (NCEO) in just a matter of ...
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An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan that acquires company stock and holds it in accounts for employees. Learn more about how an ESOP works in our video.   Transcript An ESOP is a qualified retirement plan. This means that contributions are ...
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There can be a substantial tax advantage to the S corporation ESOP business model and there are anti-abuse rules that apply to all S corporation ESOPs. Watch this video to learn more.   Transcript The anti-abuse rules are what we like to call an ownership concentration percentage ...
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In this video, ESOP attorney Kevin Long explains whether a leveraged or non-leveraged ESOP is the right choice for your company.   Transcript Whether you should consider a leveraged or a non-leveraged ESOP for your company comes down to balancing the needs of the different ...
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Watch this video to learn more about determining if an ESOP is feasible financially for a company.   Transcript It's important to determine whether an ESOP is feasible for the corporation and whether it's suitable for the other parties involved. On the corporation side of the ...
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In this video, we discuss how S corporation distributions can be used by an ESOP.   Transcript S corporation distributions can be an important source of liquidity and cash flow for the plan. They can be used to pay expenses of the plan, such as appraisal fees, trustee fees, and ...
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Internal Revenue Code allows a C corporation paying dividends on ESOP shares to take a deduction for the dividends paid if they are used for certain purposes. Learn more in our video.   Transcript C corporation dividends can be deducted by the corporation if they are paid on ESOP ...
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