Why Should Architectural Firms Consider Selling to an ESOP?
When contemplating a sale of their business, the owners of a Company have several alternatives to consider. They can (1) sell to a …
BUSINESS EXPERTise: Finance/Tax
August 1, 2018By: Edward C. Renenger and Mark B. RussellPennsylvania Chamber of Business & Industry: Catalyst Q: Why Might an Owner Sell to an …
How to Handle Rehired Employees
When a Plan participant who had previously terminated employment is rehired, questions inevitably arise. When is an employee eligible to actively participate again? …
ESOP Diversification: What Is It and What Is Required?
Section 401(a)(28)(B) of the Internal Revenue Code creates a requirement for ESOPs holding employer securities to allow for the diversification of a participant’s stock account once they become a Qualified Participant.
What Do You Mean By “Year”?
When someone says “Happy New Year” or “have a good year,” most of us do not stop to think what that means. We …