Discussing and Demystifying the IRS News Release on ESOPs

This episode was originally released on August 23, 2023 | This episode of Holland & Knight Public Policy & Regulation Group's "Eyes on Washington" podcast series is guest hosted by the co-chairs of the firm's ESOP (Employee Stock Ownership Plans) practice, Renee Lewis and David Pardys. They are joined by tax attorney Joshua Odintz to discuss a recent press release issued by the Internal Revenue Service (IRS) warning businesses and tax professionals to be alert to a range of compliance issues that can be associated with ESOPs. This conversation outlines the key components of the press release and how it impacts the ESOP community.