Congress passed the Consolidated Appropriations Act of 2021 containing additional COVID-19 relief for taxpayers and a provision that allows employers to amend their health and dependent care flexible spending account plans.
W. James Vogl
Senior of Counsel
Assistant: Jodee Marble, 612.492.7592
“In the right situation, an employee stock ownership plan (ESOP) is a great succession planning option for owners of a closely held company that can include exceptional benefits to the company and the selling shareholders.”