An owner, who wishes to sell an interest in either his closely held corporation or S corporation, but does not have a current buyer, may use an Employee Stock Ownership Plan (ESOP), thus creating a market for his company’s stock. This special type of qualified retirement plan may be established for the benefit of the employees of the corporation.
There has been a lot of talk and press about the benefits of saving in a Roth IRA. However, is it right for you? If you make a good living and are in a higher tax bracket, what should you do now? Ev
Relief is here! While COVID-19 has cast uncertainty across our financial world, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law March 27, 2020, provides a fiscal stimul
In a surprise turnaround, the IRS has recently issued proposed regulations substantially simplifying the rules for calculating required minimum distributions from individuals’ retirement plans. His
