BOI Reporting Reinstated:…

BOI Reporting Reinstated: Get Ready to Report!

The CTA and FinCEN BOI Reporting Has Been Reinstated TL;DR: BOI reporting requirements are back and reports must be completed by Jan 13, 2025. (Updated as of 2/19 – this requirement has an extension of March 21) What Changed? On December 23, 20… Read More
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FinCEN Updates: BOI Filin…

FinCEN Updates: BOI Filing

Ongoing litigation in Texas stops the clock on BOI filing for small businesses. The U.S. District Court in the Eastern District of Texas granted a nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (“CTA”):… Read More
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How Social Media Usage Ca…

How Social Media Usage Can Impact a Divorce

How Social Media Usage Can Impact a Divorce Social media usage is deeply woven into daily life, serving as a tool for communication, networking, and entertainment. However, during a divorce, it can unexpectedly become a source of complications. The w… Read More
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What Happens to a Joint B…

What Happens to a Joint Business in a Divorce in Minnesota?

What Happens to a Joint Business in a Divorce in Minnesota? Divorcing couples in Minnesota who co-own a business face unique challenges as they navigate the division of marital property. A joint business is often one of the most valuable assets in a… Read More
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What is FinCEN BOI?

What is FinCEN BOI?

What is FinCEN? On January 1, 2024, companies are required to report information to the U.S. Government about who owns and controls the business. This rule was promulgated by Congress in 2021 through the Corporate Transparency Act. This Act was creat… Read More
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Insurance Contingent Cont…

Insurance Contingent Contracts Quasi-Ban

Many Minnesota contractors have previously entered into agreements with homeowners, commonly referred to as insurance contingent contracts, but also known as “subject to” or “price agreeable” contracts, to perform storm restor… Read More
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Misclassification Law Wil…

Misclassification Law Will Transform the MN Construction Industry

TL;DR The Employee Misclassification Law will transform the MN construction industry. The agencies involved have extraordinary powers to police it. Contractors need to be prepared to provide extensive documentation on demand to avoid potentially crus… Read More
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Business

HF 4444: Encouraging Developments for MN Independent Contractors

TL;DR A handful of significant alterations to HF 4444 in recent days have improved the outlook for MN independent contractors. Although the fundamentals of the bill remain the same, and MN independent contractors still need clarification in multiple… Read More
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HF 4444: What Contractors…

HF 4444: What Contractors Need to Know

Newly proposed Minnesota legislation has made it clear that the old ways of conducting business as a contractor may soon be over. HF 4444 proposes perhaps the most expansive changes in Minnesota construction law ever. The bill alleges to do so by for… Read More
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contract review

Minnesota's ESST: What Business Owners Need to Know 

Starting January 1, 2024, Minnesota’s Earned Sick and Safe Time (ESST) law reshaped the landscape for employers. While navigating new policies can feel daunting, understanding ESST’s implications can empower you to proactively manage your… Read More
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