The IRS recently announced it will be applying further scrutiny to firms structured as ESOPs
Readers might also be interested in the NCEO's response: https://www.nceo.org/employee-ownership-blog/irs-esops-and-greater-good
Readers might also be interested in the NCEO's response: https://www.nceo.org/employee-ownership-blog/irs-esops-and-greater-good