by ssmnlaw | Jan 9, 2018 | Uncategorized
Wait … Another Change for Our LLC? New IRS Partnership Audit Rules Take Effect January 1, 2018 Recently we circulated “Are You Ready? Mandatory Changes to Minnesota LLCs Effective January 1, 2018.” This article focused on the impending mandatory conversion to...
by ssmnlaw | Nov 29, 2017 | Uncategorized
LIVING IN MINNESOTA PART-TIME FOR THE TAX BENEFITS? Changes in the Law Impact Residency Determination Minnesota has remained dependent on the income tax to fund its operations. This has caused a focus on income taxes as the means of supporting our government programs....
by ssmnlaw | Oct 26, 2017 | Uncategorized
THE FINAL COUNTDOWN: For over two decades, we could generally describe a Minnesota limited liability company as a business entity that is structured and governed like a corporation but taxed like a partnership. Well, the cliché that everything changes will ring true...
by ssmnlaw | Aug 28, 2015 | Uncategorized
As Labor Day approaches and my family sets out for a weekend gathering at our cabin my thoughts turn to cabin closings. A weekend of wrapping up for the season, reminiscing over the fun adventures of summer and a degree of lamentation over the advent of fall. We will...
