Rochester, NY (Vocus) July 12, 2010
Mark R. Kossow, a partner at Boylan, Brown, Code, Vigdor & Wilson LLP, along with Donald M. Israel, President of Benefits Concepts Systems, Inc., will speak at an ESOP Breakfast Seminar on Thursday, July 15th. The Seminar, which will be hosted by Randy J. Ross, Vice President –Investments, of RJR Clark Wealth Management Group, will focus on the use of Employee Stock Ownership Plans (ESOPs) in closely held companies with an emphasis on S Corporations.
Individuals who attend the seminar will learn how he or she can create liquidity for estate planning, defer capital gains taxes, prepare for succession planning, provide one of the best employee benefits, continue to control a company, have an ESOP in a profitable S Corporation and pay little or no corporate income taxes. Additionally, attendees will learn about IRC. SEC. 1042 rollover and legal issues regarding S Corporation ESOPs.
ESOPs were created in the tax code in 1974 and their unique tax advantages benefit the shareholders, the employees and the company.
For more information about the event or to RSCP, please contact Randy J. Ross by Tuesday, July 13 at 212-713-2983 or rj.ross(at)ubs(dot)com.
About Mark R. Kossow, Esq.:
Mark R. Kossow, who joined Boylan, Brown, Code, Vigdor & Wilson in 2010, has practiced law in ERISA and tax related transactions since 1998. In the past few years he has represented corporations, selling shareholders and trustees in more than 50 ESOP transactions ranging in size from $500,000 to more than $100,000,000. Mr. Kossow has given numerous lectures including; Tax Aspects of Lawsuits and Settlements, A Menu of Advanced Estate Planning Techniques, What Every CPA Should Know About Matrimonial Engagements, and Tax Issues Related to Liquidation of an S Corporation After Sale of Assets.
Boylan Brown, founded in 1974, is focused on business and corporate legal services and wealth succession planning. Located in Rochester, NY, the firm has over 35 attorneys practicing in New York State and strategic relationships with partner firms in a variety of markets around the country and around the world to serve the growing domestic and global needs of our business and corporate clients.
# # #