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ESOPs - Employee Stock Ownership Plans

 

Feeley & Driscoll has the largest ESOP practice of any accounting firm in New England. With a team of professionals, we are dedicated to providing ESOP related services to companies throughout Massachusetts and New England. An ESOP is a qualified plan for the benefit of your employees.  An ESOP is an important tool of corporate finance. Its ability to borrow (leverage) to buy employer stock makes an ESOP unique. There are also tax advantages for parties who participate in leveraged ESOP transactions. Owners may avoid capital gains tax on certain sales to ESOPs. Lenders may avoid tax on some interest they earn from certain ESOP loans. The company can reduce its tax bill and provide greater incentives for productivity.  Our accounting and consulting firm provides a variety of ESOP services.

 

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