NEWS & INSIGHTS
Minnesota’s New Pass-through Entity (PTE) Tax – A SALT Cap Workaround for Business Owners
Minnesota has enacted a Pass-Through Entity (PTE) Tax as a way to work around state and local tax (SALT) deduction limits. This article explains how this impacts your business.
UPDATE: Federal Eviction Moratorium Extended by the CDC
The CDC extended its eviction moratorium again, this time through October 3, 2021.
The End of Enforceable Non-Compete Agreements?
Expect federal regulations limiting or banning non-compete agreements resulting from President Biden’s Executive Order on July 9, 2021 “Promoting Competition in the American Economy.”
Minnesota Eviction Moratorium Off-Ramp
Minnesota Eviction Moratorium Phaseout goes into effect June 30, 2021. Here’s what landlords need to know about filing evictions based on nonpayment of rent.
Why Should Married Couples Consider a Joint Revocable Trust?
Wayzata lawyers recommend married couples consider a joint revocable trust. Here are 2 reasons to consider a joint revocable trust.
The SECURE Act: How it Impacts Your Estate Plan
Wayzata estate attorneys recommend that with the SECURE Act everyone should review how their retirement accounts will pass upon their death. Here’s Why.
Trustee Services (Trust Administration) Offered
Wayzata estate attorneys offer trustee services. We provide trust administration along with expert legal advice.
As of November 9, 2020 There are New Regulations for C Corporations and S Corporations Regarding Deductions for Certain State and Local Income Taxes.
The U.S. Treasury and IRS have clarified that that businesses structured as pass through entities may deduct certain state and local income taxes similar to C corporations. Read the Press Release here.
Social Venture Incubator for Entrepreneurs Launched by Wayzata Community Church
Wayzata law firm is volunteering legal insight to social entrepreneurs that are part of Wayzata Community Church’s DOUGH, a social venture incubator.
Concerned About a Real Estate Disclosure? Here’s Some Practical Advice.
Here are the 4 documents you need when there is a real estate disclosure dispute. Wayzata attorneys Sanford, Pierson, Thone & Strean will explain why.