NEWS & INSIGHTS
Parents of College Bound Children: Do You Have the Necessary Documents in Place in Case of an Emergency?
As of midnight of their 18th birthday, children have adult privacy rights that include control over health care decisions and their medical records.
2018 Tax Reference Guide
2018 Tax Reference Guide highlighting Estate Tax Rates, Gift Tax Rates, Qualified Plans, IRAs, Roth IRAs, Social Security Tax Rules, Income Tax Comparison
Wayzata Law Firm Sanford, Pierson, Thone & Strean, PLC Welcomes Attorney Matthew W. Simenstad
Sanford, Pierson, Thone & Strean’s attorneys are results-oriented, creative problem solvers working to meet our clients’ personal and business needs.
Employee or Independent Contractor? The Dangers of Unintended Employee Misclassification
With a better understanding of the legal considerations for determining whether a worker is an employee or independent contractor, businesses can take informed steps at the beginning of a relationship and avoid costly disputes down the road.
Entity Selection Under the New Tax Law
The new tax law has many ramifications for a business. Our peers are Copeland Buhl & Co have written the article below which suggests that now may be a good time to analyze your choice of business entity. Posted on January 22, 2018 by Sean Hauenstein of Copeland...
Yet Another Reason to Consider Updating the Governing Documents of Your LLC: Is Your Business Prepared for the New IRS Regulations for Entities Taxed as Partnerships?
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 322C...
Attention Snowbirds! Are You Truly A non-Minnesota Resident?!
Minnesota has a non-exhaustive list of factors to determine whether an individual is a resident for Minnesota tax purposes. Do you qualify as a resident based on this lis?
Are You Ready? Mandatory Changes to Minnesota LLCs Effective January 1, 2018
Thoughts from Wayzata law firm Sanford, Pierson, Thone & Strean regarding the Minnesota Revised Uniform Liability Company (LLC) Act (“322C”).
The Family Shared Cabin
A cabin contract, trust agreement or organizational documents from a LLC or LLP are useful in estate planning in providing a plan that anticipates and may even avoid conflict.