by Brian Hare, CPA, CGMA | Dec 4, 2020 | Business
It’s been estimated that there are roughly 5 million family-owned businesses in the United States. Annually, these companies make substantial contributions to both employment figures and the gross domestic product. If you own a family business, one important issue to...
by Brian Hare, CPA, CGMA | Sep 2, 2020 | Business, Tax
Wouldn’t it be great if your employees worked as if they owned the company? Employee stock ownership plan (ESOPs) could make this a reality. Under an ESOP, employee participants take part ownership of the business through a retirement savings arrangement. Meanwhile,...