Employee Stock Ownership Plans (ESOPs) provide a flexible, highly tax-favored alternative for profitable, closely held businesses that are looking for a business transition. ESOPs allow owners to use pre-tax corporate profits to finance the sale (employees do not buy the stock) at an appraised fair market value. This webinar will provide an overview of how ESOPs can be used effectively in such cases. Upon completion of the course, you’ll be able to:
- Describe how an Employee Stock Ownership Plan can be used as a tax-effective tool for business transition
- Explain how an ESOP is financed
- Explain how an ESOP is appraised
- List the rules for an ESOP
- Identify what type of business is a good candidate for an ESOP
CPE & CLE Credit: Participants can earn up to 1.5 CPE credits in the Taxes and Specialized Knowledge fields of study. Please note that CPE credit is only available for viewing the live program. Attorneys can earn CLE credits for this course.
100% Money-Back Cancellation and Refund Policies: If you can’t make the live webinar, you may cancel at any time before the webinar begins for a full refund. If you are not satisfied with the webinar, we will provide you a full refund. For more information regarding refund, complaint and program cancellation policies, please call us at 703-372-0550.
Program Level: Beginner
Advanced Preparation: None
Instructional Method: Group-Internet Based
National Registry of CPE Sponsors: Clear Law Institute 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 courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.