While taxes are not the only driving factor when deciding to sell a business, it is a major topic when considering if an offer on the table will work for the shareholders. The current thinking is that 2021 should not have any sweeping tax changes, but 2022 should. If this holds true then there will be a pretty clear line in the sand in terms of when a deal must be closed by to receive favorable tax treatment for the owners. We will discuss the pros and cons to an ESOP in this environment and how to play 2021 and 2022-2024 if considering an exit in that time frame.
- How to handle 2021 and could an ESOP or Partial ESOP benefit your business
- What to do if you fit into the 2022-2024 exit time frame with potentially higher capital gains rates
- Understand that you may have had a misconceived notion of what selling to an ESOP actually looks like and how it can be a part of a hybrid exit
About the Presenters:
Learn from industry experts Brian Baum, Managing Director of Interchange Capital Partners, and Daniel Zugell, Senior Vice President of Business Transition Advisors | ESOP Advisory Group of Capstone Headwaters. Guest Presenters: Melissa Bizyak, Grossman Yanek and Ford, and Mark Nicklas, Nicklas Supply.Meet the Presenters
Thanks to our sponsors!