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An Introduction to ESOPs, 22nd Ed: How an employee stock ownership plan (ESOP) can benefit your company, its owners, and its employees
By Scott Rodrick
Narrated by: Digital Voice Mason G
Audiobook
$9.99
By Scott Rodrick
Narrated by: Digital Voice Mason G
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An employee stock ownership plan (ESOP) is a tax-favored employee benefit plan through which employees can become owners in their companies at no cost to themselves, at the same time that the company and its owners receive major tax benefits. An ESOP can be used for many purposes, including to use tax-deductible corporate earnings to buy out the owner(s) of a closely held business; to allow shareholders to sell gradually and ease out of the busi...