by ssmnlaw | Dec 18, 2023 | Business Law
Ownership Reporting Required for Most Small Businesses Starting in 2024 As 2023 draws to a close, business owners should take notice of a new federal reporting regulation that will take effect on January 1, 2024. Here’s the who, what, when, where, how and why of the...
by ssmnlaw | Dec 11, 2023 | Business Law
All I want for Chritmas is … a New Employee Handbook? Paid Time Off? Okay, maybe you don’t want a new employee handbook, but if you’re a Minnesota employer you probably need at least an update. Starting January 1, 2024, all Minnesota employers will be required...
by ssmnlaw | Jul 21, 2023 | Business Law
A new law went into effect on July 1, 2023. It bans covenants not to compete in the state of Minnesota. The new law under Minn. Stat. §181.988 applies to all non-compete agreements enacted on or after July 1, 2023. Non-compete agreements entered into before July 1...
by ssmnlaw | Feb 6, 2023 | Business Law, Employment Law
Minnesota is not exempt from the growing movement to limit the use of non-compete provisions in employment agreements. Other states have already severely limited the use of such non-competes and the Federal Trade Commission proposed such a rule on January 5, 2023. ...
by ssmnlaw | Feb 2, 2023 | Tax Planning
This article is from our colleagues at Business & Estate Advisers. What Does SECURE 2.0 Mean for Me? SECURE 2.0 is designed to make retirement savings easier and the process less cumbersome. When Was SECURE 2.0 Enacted? On December 29, 2022, the Consolidated...
