JAK + CO.

Certified Public Accountants

Call Our Minnesota CPA Firm: 651.641.1099
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Could Transitioning to an ESOP Jeopardize Your Company’s Status as a Disadvantaged Business Enterprise (DBE) or Other Preferred-Status Certifications?

April 30, 2020 By JAK + CO.

By Amy Crouzer, CPA Preferred-status certifications, such as a minority-owned or women-owned business designations, are designed to increase economic opportunities for historically disadvantaged groups. Similarly, one of the many purposes of an employee stock ownership plan (ESOP) is to increase economic opportunities for working-class Americans by giving them the opportunity to own stock in a […]

Filed Under: Amy Crouzer, Business Tax, Construction, Construction Accounting, ESOP Tagged With: ESOP, minority owned business

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1781 Prior Avenue North
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John A. Knutson & Co., PLLP

John A. Knutson & Co., PLLP, (JAK) is a Twin Cities-based accounting firm serving clients throughout Minnesota and beyond. A Team Committed to Quality Beyond Expectations

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