INCEO has launched the Expert Professionals page on the INCEO website. The intent behind this page is to provide a listing of service providers who have offices in Indiana, provide ESOP services to Indiana Companies, and support employee ownership through membership in The ESOP Association or the National Center for Employee Ownership, as well as,…
Many thanks to Representative Paul Tonko (D-NY-20), and Danny Davis (D-IL-7) who cosponsored H.R.2092 on Oct 23, 2018. This raises the number of cosponsors to 83! This bill amends the Internal Revenue Code to: (1) extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer…
New Jersey State Senator Troy Singleton introduced S. 3112 on October 18, 2018. This legislation provides for a gross income tax exclusion for capital gains from sale of certain employer securities. As stated in the legislation This bill provides a gross income tax exclusion for certain capital gains from the sale of employer securities of…
Gender Equity Inequality – Are ESOPs the answer? In a recent article by Simone Stolzoff, based on a report from Carta, she reported that while women make up 35% of equity-holding employees, they hold only 20% of employee equity. The data, which was compiled from 180,000 employees across 6,000 companies, shows women employees own just $0.47 for…
Indianapolis, Indiana – Mayor Joe Hogsett has issued a proclamation declaring the month of October 2018 as Employee Ownership Month. October has been celebrated as Employee Ownership month for over 20 years, and is a terrific celebration of the spirit of employee ownership, and an invaluable opportunity to educate employee owners, elected officials, the media,…
New from the National Center for Employee Ownership (NCEO) Who Should Own Your Business After You? A Guide for Business Owners Thousands of business owners have decided that employee ownership is the best way to preserve the job security of their workforces and protect the character of their companies while providing them and their families…