In 2021, many companies will be looking for ways to minimize corporate taxes and maximize cash preservation. Other companies will be looking for ways to create liquidity for shareholders who wish to retire or reduce their ownership stake. We find many professionals, including CPAs, financial advisors and attorney’s do not understand ESOPs sufficiently to discuss this option to business owners.

Join us for a discussion to address the core concepts, and benefits of leveraged employee stock ownership plans (Leveraged ESOPs), as we cover the pros and cons for staffing company ESOPs. This is a great opportunity to expand your knowledge base and get valuable insights from a pair of ESOP experts.

Among the topics that will be covered are the following:

• What is an ESOP and what benefits can an ESOP provide to staffing agencies and their owners?
• What are the basic ESOP structures?

Why are ESOPs Popular Among Staffing Firms?

What are the Tax Advantages of a 100% S Corp ESOP?

How do ESOPs fit into Succession Plans?

Speakers:

• Steven Nicokiris, Managing Director/Shareholder CBIZ MHM, LLC
• Patrick Trask, Managing Director CSG Partners