Prior to Trump’s January executive order freezing all regulatory action, the Department of Labor (DOL) issued long-awaited proposed guidance for employee stock ownership plans (ESOPs) seeking to rely ...

An employer’s ESOP contributions that are used to repay the principal of a loan incurred to acquire employer securities are deductible up to 25 percent of the compensation paid to covered employees.

Employee stock ownership plans, or ESOPs, have become a growing trend not only in Maine but nationwide as well. Here are some interesting facts and trends. Some of Maine’s best-known names in ...

Editor’s note: This is part two of a six-part series in which Peter Newman, CFA, of Peak Wealth Planning, explains the benefits of employee ownership for the U.S. workforce. There are more than 6,500 ...

The Tribunal upheld deduction of ESOP expenses, relying on earlier decisions in the same case. It ruled that no change in facts justified a different ...

The ITAT ruling underscores the importance of properly reporting ESOPs in income tax returns, particularly for foreign ...