Oct 5, 2023
Today we host Phil Hayes, The ESOP Guy, where we speak about how Phil went from banker to Managing Partner of a large regional accounting firm (as a non-CPA) to now becoming an expert in ESOP’s.
In today’s episode, we speak about exit strategies in general, where ESOP’s fit, the mechanics of ESOP transactions and the tax advantages of this structure. We then bounce around and discuss everything all at once ranging from 1042 exchanges with qualified replacement property, to whether this is a good deal for BOTH the owners and the employees and much more.
LinkedIn Post (and Facebook):
*Journey from banker to Managing Partner of Regional accounting firm to ESOP expert
*The ESOP Guy podcast
*Exit strategies and where ESOP’s fit for business owners
*1042 qualified replacement property
*Is this a good deal for BOTH seller and employees?
Enjoy! Insert link here
New episode w/ Phil Hayes, Partner at Berman Hopkins, hosted by Steve Curley, CFA & Chris Cannon, CFA. We discuss the ESOP Guy podcast, goodness of fit for business owners, tax advantages, 1042 qualified replacement property, and whether this a good deal for all parties involved.