Mackall, Crounse & Moore, PLC has joined Dewitt Ross & Stevens S.C.

The newly formed DeWitt Mackall Crounse & Moore S.C. will provide clients with enhanced legal services
and efficiencies as well as access to more than 100 attorneys practicing in nearly 30 areas of
law in Wisconsin and Minnesota.

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Fargo-Based ESOP Company has Millionaire Warehouse Workers

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Failed ESOP companies such as the Chicago Tribune have received a lot of press regarding the effect that their stock nosedive has had on employees’ ESOP accounts. And the attention was well-deserved. However, it seems that such attention has skewed the way many people view ESOPs in general. That is, I encounter many sophisticated professionals under the impression that ESOP companies must be at some kind of competitive disadvantage based on what happened to the Tribune Company. In fact, this is almost the exact opposite of the truth.

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Now Is the Best Time for an ESOP

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CFO Magazine recently featured a good article regarding implementation of an ESOP (employee stock ownership plan) before the end of 2012 in order to take advantage of the 15 percent federal capital gains tax rate.

“Most people watching this don’t think the 15 percent rate will be extended again,” says Tim Stewart, an attorney with DeWitt Ross & Stevens, which has a growing practice in helping companies set up employee stock ownership plans (ESOPs). “And once it goes up, it’s not coming back down, at least for awhile.”

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October 2012 Named "Employee Ownership Month" in Wisconsin

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MADISON/MILWAUKEE – The Employee Benefits/ERISA attorneys of DeWitt Ross & Stevens, who counsel dozens of clients with their respective Employee Stock Ownership Plans (ESOPs), were pleased to learn that October 2012 has been proclaimed Employee Ownership Month in Wisconsin. To read the official proclamation, click here. To learn more about why an ESOP might be right for your business, visit our Employee Stock Ownership Plans page.

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DeWitt Ross & Stevens S.C., including its affiliate DeWitt Mackall Crounse & Moore S.C., is one of the ten largest law firms based in Wisconsin, with an additional presence in Minnesota. It has nearly140 attorneys practicing in Madison, Metropolitan Milwaukee and Minneapolis in over 30 legal practice areas, and has the experience to service clients of all scopes and sizes.

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