Season 3 · Episode 70
Episode 70: Employee Stock Ownership Plans (ESOP)
June 30, 202331m 48s
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Show Notes
In this episode:
- Withholding taxes from your IRA to cover estimated tax payments.
- Usings Section 179 instead of Bonus Depreciation.
- Retirement planning strategies for business owners.
- Employee Stock Ownership Plans (ESOP) - What they are and when they're a good fit.
We also speak with Christopher Baker, P.E., President and CEO of George & Lynch, Delmarva's top infrastructure contractor. He speaks about the history of George & Lynch and what it takes to reach a business's 100-year anniversary. He also talks about creating ESOP plans to give employees a greater sense of ownership of the company, how supply chain interruptions impact a business, and what George & Lynch has planned for the future.