S Corporation ESOPs, 4th Ed

An employee stock ownership plan (ESOP) is a powerful tool that can greatly benefit both employees and their employer. When an ESOP owns an S corporation, it is partially or wholly exempt from federal income taxation (and possibly state taxation, depending on the state), making it an even more powerful tool in many cases. With the tax-planning possibilities offered by the S corporation ESOP structure, many companies investigate ESOPs and S corporate status. But there are many issues to deal with along the way, ranging from valuation issues to matters that arise when making the S corporation election (if the company is not already an S corporation) to dealing with the unavailability of the tax-deferred ESOP "rollover" for S corporation owners. Most importantly, however, it is imperative for any company considering or maintaining an S corporation ESOP to test its compliance with the strict anti-abuse rules for S corporation ESOPs.This book deals with all these issues and more in a clear and understandable style. This fourth edition was updated throughout, with every chapter either being updated or replaced. Additionally, a new chapter at the end of the book addresses the increasingly important and much-discussed topic of creating a sustainable ESOP company.
ASIN: 1938220226
VSKU: BVV.1938220226.A
Condition: Acceptable
Author/Artist:Aschwald, Kathryn|Clough, Barbara|Hector, Brian|Keene, Matthew|Roback Jr., Thomas|Rosen, Corey|Walker, Donna|Zimmerman, Carolyn
Binding: Paperback
Note: Any images shown are stock photographs and product may differ from what is shown.
Condition Notes: The item is very worn but is perfectly usable. Signs of wear can include aesthetic issues such as scratches, dents, worn and creased covers, folded page corners and minor liquid stains. All pages and the cover are intact, but the dust cover may be missing. Pages may include moderate to heavy amount of notes and highlighting, but the text is not obscured or unreadable. Page edges may have foxing age related spots and browning . May NOT include discs, access code or other supplemental materials.