NEWS & INSIGHTS
Life Lessons via 10u Softball
Sanford, Pierson, Thone & Strean, PLC is proud to be a Home Run Sponsor for the Burnsville 10U Yellow traveling fastpitch softball team. It has been a season of learning new skills for this young team (and more importantly, life lessons of fortitude, perseverance...
Minnesota Employers: What to Know About the July 1, 2019 Minnesota Wage Theft Laws
Minnesota Business Owner-Employers Take Note! Minnesota’s New Wage Theft Laws Mean Changes for Earning Statements, Record Keeping, etc. Updates to Minnesota’s wage theft laws went into effect on July 1, 2019. The Legislature amended the state’s existing labor laws to...
Changes in E-Commerce Tax Laws
Is your company involved with e-commerce? If so, you'll want to know about a recent Supreme Court decision regarding when a business involved in e-commerce is to collect sales tax. Below is an excerpt from an article written by our friends at Copeland Buhl ...
Beyond rivalry: Talking about money with siblings
Insights from the Ameriprise Financial Family Wealth Checkup study Key Points Nearly two-thirds of siblings talk about money with each other While financial conflicts are rare, they usually involve issues regarding parents Uniting to deal with money issues can help...
Some Basics to Consider When Entering Into Residential Construction Contracts
Construction contracts – yes, even residential construction contracts – are complicated agreements. They govern very complex projects and a dynamic process. There is a handful of topics and issues that are the source of an overwhelming percentage of the squabbles...
Have You Done Your Annual Business Updates?
It’s not uncommon in our office to sit down with a new business client, ask to see the corporate records, and have a thick, dusty, leather-bound binder from the 1970s dropped onto the desk with a thud. We get it; business owners are busy people. Especially in a...
IRS Blesses 2nd Marriage Planning Technique for IRA
The following article was written by Charles (Chuck) Rubin for JDsupra.com. It details a new estate planning technique approved by the IRS that may prove useful to individuals in second marriages. A common issue in planning for marriages with prior children is how to...
Estate Planning Jargon: What Does it Actually Mean?
Confusion seems to abound among non-lawyers (and, unfortunately, some lawyers) about the various roles people or institutions can play in typical estate plans. These are the “personnel decisions” in estate planning. Clients often question what it means, for example,...
Does Your Business Qualify as Small? The Answer Just Got More Complicated
LexBlog recently published the article (below) "Does Your Business Qualify as Small? The Answer Just Got More Complicated" as a result of the Small Business Runway Extension Act, federal legislation that was signed into law at the end of 2018. Click on the following...
Planning for Your Pet After You’re Gone
Do You Treat Your Pet Like Family? While you may treat your pet like family, the law doesn’t. Many people don’t realize that if not specifically accounted for in an estate plan, a pet will be treated as any other personal property. The repercussions can range from...