News
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The CEO of Bowling Green, Kentucky-based Houchens Industries announced his retirement this month. Houchens is an “ESOP holding company” which has 40 businesses and 16,000 employee owners and total annual revenue of more than $3 billion. Read More About ESOP Holding Companies as a Diversification Strategy
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Even though the news may be filled with stories of impeachment, who insulted who and which Twitter feed was the most offensive, as Entrepreneurs the world continues to go on and these are just distractions that keep us from achieving our goals. Read More About IRS and Department of Labor (DOL) Guidelines for Independent Contractors
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The Department of Labor’s new overtime rule went into effect on January 1, 2020. The new rule raised the Fair Labor Standards Act’s (“FLSA”) salary threshold for workers exempt from overtime to $35,568 annually, or $684 per week. See 29 C.F.R. part 5 Read More About Did You Hear? The DOL’s New Overtime Rule is Here!
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DeWitt LLP announced today attorney Eli Van Camp, of its Madison office, has been promoted to Partner status within the firm. Read More About Intellectual Property and Business Trial Attorney Eli Van Camp Promoted to Partner
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Another Iowa Company Sells to an ESOP
Jan 9, 2020 | Timothy L. StewartBergen Plumbing, Heating and Cooling became 100% ESOP-owned as of the end of 2019. Read More About Another Iowa Company Sells to an ESOP