New Tax Act Benefits ESOP Companies And Makes Tax-Free Rollover Transactions More Attractive To Sellers
By John D. Menke, Esq. Now that the dust has settled following the passage last December of the Tax Cuts and Jobs Act of 2017 (“TCJA”), it is clear that the new tax act confers substantial tax benefits on businesses and their owners and also makes ESOPs even more attractive, both for existing ESOP companies…