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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. What Changed? On December 23, 2024, the US Court of Appeals issued a stay pending appeal from the previousl… Read More

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

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

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

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

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

Currently, consumers have witnessed many businesses add additional costs to the subtotal such as: living wage, credit card, and large party fees. The FTC has proposed a rule that would ban these so-called “Junk Fees” fees. TL;DR Version: Who: The… Read More