Join our webinar to uncover the key distinctions between S and C corp structures in ESOP taxation and the nuances of S to C to S conversions with 1042 deferrals. Learn how accounting and audit practices differ between a $100mm ESOP company and a non-ESOP entity. Plus, get practical tips on preparing and organizing data for upload to a virtual data room when exploring transactions.
Learning Objectives:
- The difference in S vs C corp structure in terms of ESOP taxation
- The S to C to S conversion for ESOPs & 1042 deferrals
- Differences in accounting and audit practices of a hypothetical, $100mm ESOP company vs non-ESOP company
- What goes into the preparations to upload information to a data room when exploring a transaction
Event Details
Who Should Attend?
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Attorneys
You have close relationships with clients, and can benefit from being the first advisor to introduce the idea of exit planning.
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CPAs/Accountants
Owners participating in the State of Owner Readiness research continue to indicate that you are the No. 1 "Most Trusted Advisor." You are a natural fit to lead the exit planning team and deepen your relationship (and retention) of next generation owners.
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Wealth Managers
You’re a skilled relationship person. Being entangled into your clients’ professional lives matters as you build a strategy to manage their wealth upon them harvesting it from their business. Exit planning allows you to build a deeper relationship with your client, expands your COI network, while giving you an early seat at table well before the liquidity event.
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Financial Advisors
One of the critical ‘legs of the stool’ is personal financing planning. An owner must have a strong financial plan & contingency plan post-transition to enable them to thrive in the next act of the lives personally and financially. Exit planning brings this future mindset into the present. Exit is now.
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Valuation Analysts
Valuation is both a billable engagement AND an opportunity to provide owners some perspective on how to accelerate value drivers (and deal with value killers). Use exit planning to make that valuation into a longer term value acceleration engagement.
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Investment Bankers
Only 2 of every 10 businesses that come to market actually sell. Learn how exit planning can bring attractive AND ready business to your purview.
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Estate Planners
Exit planning is a natural fit for estate planners who want to operate more holistically with their owner clients.
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Strategic Consultants
One of the most critical roles in exit planning is building transferable value. Strategic consultants have the ability to expand options and drive rapid business value that affect performance today.
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Insurance Professionals
Exit planning addresses the 5 D's. So do you. Approach the risk conversation differently with exit planning.
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Mergers & Acquisition Advisors
Proper exit planning causes less deals to fall through at the last minute. Connect with CEPAs to build your healthy deal flow network.
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Commercial Lenders
One of the best relationships a business owner makes is with their banker. How can you help your corporate clients think about the future and ensure financial continuity? Answer: exit planning.
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Family Business Advisors
More than 50% of lower middle market business owners would prefer to transition to the next generation. Help them succeed with exit planning strategies.
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Other Professional Advisors
Regardless of your unique specialty, there is seat at the exit planning table for you. Learn more at www.EarnCEPA.com.
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Private Business Owners
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Members of Family Business Boards
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Professional Advisors
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Business Consultants
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Other Business Professionals
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Business Owners
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Business Owners & Their Trusted Advisors
EXIT PLANNING IS GOOD BUSINESS STRATEGY
The Exit Planning Institute, provides Financial Advisors, Accountants, Consultants, and other advisors of business owners with the critical education to differentiate themselves and add value to their existing client relationships through a credential, conference, courses, and content. Download the CEPA brochure for more information.
ABOUT THE PRESENTER
Keith has over 21 years of experience in the financial services industry, with
an extensive background in corporate finance. As the founding partner of The
Capital ESOP Group at UBS, Keith heads the team’s private wealth practice, in
which he works to determine client needs and match them with the proper
resources of UBS, a leading global bank. Keith focuses on solutions
encompassing asset allocation, wealth and liability management, and tax and
estate planning in order to create tailored financial plans for his clients. Prior
to joining UBS in 2009, Keith was a financial advisor at Morgan Stanley, where
he was an integral member of the team handling all of the firm’s ESOP
transactions. Keith’s process entails a disciplined approach to help small- to
middle-market business owners with sell-side advisory solutions and post-sale
financial planning to include holistic wealth management and tax and estate
planning strategies. Keith is an author and nationally recognized leader on
ESOPs and Internal Revenue Code §1042 rollovers.
As a director in CohnReznick’s National Tax practice, Michael Eagan, JD, MBA, LLM, has over 20 years of public accounting and law firm experience. Advises clients on federal partnership tax issues and federal tax issues relating to real estate and real estate transactions Experienced real estate transaction and investment tax attorney knowledgeable in real estate investment trusts (REITs), real estate private equity funds, and real estate development and investment Areas of expertise include transaction structuring, tax planning and tax modeling Experience in real estate tax practice including tax advisory, consulting, and planning and tax compliance Extensive modelling and projection experience, as well as experience with FAS 109/ ASC 740 and provision work Adjunct professor at Fordham University – Accounting and Taxation of Real Estate Adjunct professor at Rutgers University – Tax-related courses.