Interior Designers Need to be Licensed Contractors
March 14th, 2025
Contributor: John Greniuk
Interior Designers Need to be Licensed Contractors Under Minnesota law, anyone managing two or more trades on a job site needs to be a licensed General Contractor. Minnesota Law Minnesota’s Department of Labor and Industry (“DOLI”) mandates…
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UPDATE on Misclassification Lawsuit
March 7th, 2025
Contributor: John Greniuk
Recent Update on Misclassification Lawsuit On March 5th, the Court DENIED the Motion for the Temporary Restraining Order and a Preliminary Injunction on the Misclassification Lawsuit. This means that the potential stay (temporary pause) mentioned in…
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BOI Reporting Back in Effect
February 19th, 2025
Newest BOI Update (2/27/25) As of February 27, 2025, the Beneficial Ownership Information (“BOI”) reporting requirements have a new wrinkle. The update from FinCEN is that it will not be issuing any fines or penalties or taking any other…
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Categories: Business
Minnesota Builders Challenge Misclassification Law
February 18th, 2025
Contributor: Colin Stephenson
UPDATE on misclassification lawsuit – as we await the ruling, contractors need to remember that any decision will apply only to the 14-point test and not to any of the other reporting requirements, related laws and penalties. TL;DR: Pending law…
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Brand Protection Basics on Federal Trademarks
January 15th, 2025
Contributor: John Greniuk
Federal Trademarks TLDR: Business owners likely do not need to register federal trademarks unless their brand or slogan is highly unique and is used in multiple states’ markets nationwide. What Is a Trademark? A federal trademark is a registration…
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Categories: Business
BOI Reporting Reinstated: Get Ready to Report!
December 24th, 2024
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…
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FinCEN Updates: BOI Filing
December 23rd, 2024
Contributor: John Greniuk
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”):…
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Categories: Business
What Happens to a Joint Business in a Divorce in Minnesota?
November 22nd, 2024
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…
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What is FinCEN BOI?
November 15th, 2024
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…
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Categories: Business
Misclassification Law Will Transform the MN Construction Industry
May 28th, 2024
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…
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