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Home > Federal Tax Update Podcast > 2023-08-14 IRS Issues Warning for Certain ESOP Programs
Podcast: Federal Tax Update Podcast
Episode:

2023-08-14 IRS Issues Warning for Certain ESOP Programs

Category: Business
Duration: 00:50:20
Publish Date: 2023-08-12 23:39:00
Description:

This week we look at:

Deduction for non-qualified deferred compensation not accelerated for the seller when the liability is transferred to the buyer of a business  Tax professionals and taxpayers warned about issues with certain employee stock ownership plan (ESOP) arrangements Reduction of non-recourse debt amount was added to sales proceeds, not a cancellation of debt so no §108 relief was available

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