NEWS & INSIGHTS
Minnesota business owners: the state's minimum wage is increasing on January 1, 2022. See the chart below for details and also for key dates for minimum wage changes in Minneapolis and St. Paul.
This past summer, Minnesota enacted a new passthrough entity (PTE) tax for years beginning after December 31, 2020….Here are some things to consider.
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.
The CDC extended its eviction moratorium again, this time through October 3, 2021.
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 Phaseout goes into effect June 30, 2021. Here’s what landlords need to know about filing evictions based on nonpayment of rent.
Wayzata lawyers recommend married couples consider a joint revocable trust. Here are 2 reasons to consider a joint revocable trust.
Wayzata estate attorneys recommend that with the SECURE Act everyone should review how their retirement accounts will pass upon their death. Here’s Why.
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.