The end of the year is a good time for S Corporations to conduct prospective anti-abuse testing under IRC 409(p) for their ESOP Plan. The anti-abuse test under IRC 409(p) is a complex ownership concentration test that must pass on every day of the plan...
ESOP
Employee Ownership Month
For over 20 years, The ESOP Association and its member companies have been celebrating Employee Ownership Month every October. It is a celebration of the incredible spirit of employee ownership and an opportunity to educate employee owners about the tremendous...
Michigan Chapter of the ESOP Association Annual Fall Conference
Watkins Ross, a Conference Sponsor, will be attending the Michigan Chapter of The ESOP Association Annual Fall ESOP Conference in Lansing, Michigan on Thursday, September 25, 2014. This Fall’s Theme is 'On The Go For ESOPs.' Morning speakers J. Michael Keeling,...
New ESOP Legislation
According to the National Center for Employee Ownership, about 12,000 companies in the United States, employing 11-million Americans, have embraced Employee Stock Ownership Plans, commonly known as ESOPs, or other similar trust-based plans. The concept can motivate...