A criminal trial isn’t the only time you may need to “plead the Fifth.” You may need to assert your Fifth-Amendment right against self-incrimination in a civil lawsuit, even the middle of a lawsuit. …
READ MORE →IRC Section 453 defines the appropriate accounting method for reporting income from an “installment sale.”2 An installment sale is generally defined as a sale of property at a profit for which the …
READ MORE →The 21st Amendment to the United States Constitution ended prohibition in 1933. That year, all 50 states adopted some form of three-tier system for regulating liquor sales. The three-tier system, …
READ MORE →Can a broker be liable for tax consequences arising from an ill-advised annuity liquidation? Yes. What about other bad tax advice? Absolutely. In short, a broker can be liable. You may have a claim …
READ MORE →Before entrusting a brokerage firm with your life savings, or any significant portion of it, spend some time evaluating the firm’s financial health. You’ll be glad you did if the firm ultimately …
READ MORE →It depends but ordinarily not. The United States Supreme Court has held that an employer does not violate the Age Discrimination in Employment Act, 29 U.S.C. §§ 621-634, by acting on the basis of a …
READ MORE →i. Whether a claim that an employer interfered with its employees’ rights under Railway Labor Act falls within the jurisdiction of the adjustment boards or federal courts. The Railway Labor Act …
READ MORE →Sample Franchise Disclosure Document Does failure to provide mandated disclosure documents vitiate a subsequent franchise agreement? Not on your own say-so, but you have a remedy a court can grant. A …
READ MORE →Information on: We’re ready to answer your questions! Getting a license Filing your monthly return Minnesota Department of Revenue Phone: 651-296-0889 Also: Minnesota Relay 711 (tty) License …
READ MORE →Editor’s note (updated July 14, 2026). This bulletin reproduces the Minnesota Department of Revenue’s May 2013 summary of the 2013 legislative session. I keep it here as a historical record of what …
READ MORE →Detective and security services, armored car services, and burglar and fire alarm services are taxable. Sales tax applies to the total charge to the customer. The taxable amount includes all expenses …
READ MORE →This post has been adopted from a Minnesota Department of Revenue Fact Sheet. This fact sheet describes the definition of prosthetic devices and provides a summary of how Minnesota sales and use tax …
READ MORE →This post has been adopted from a Minnesota Department of Revenue Fact Sheet. This fact sheet describes the definition of durable medical equipment and provides a summary of how Minnesota sales and …
READ MORE →A general partnership is a business owned by two or more persons who associate to carry on the business as co-owners for profit. Under Minnesota’s Uniform Partnership Act, “the association of two or …
READ MORE →Many believe that creditors cannot touch their retirement savings. But in many states (including Minnesota) that is frequently not true. If you have an ERISA-qualified 401(k) or pension plan, your …
READ MORE →A person obtains a trademark by being the first to use it in commerce on a good or service. It must be something that may be validly trademarked. Descriptive marks and generic marks generally may not …
READ MORE →Corporations are run, in large part, by Officers and the Board of Directors. Individual Directors make up the Board of Directors. A vast amount of decision making related to the everyday affairs of a …
READ MORE →This fact sheet explains how sales tax applies to sales and purchases made by schools and school districts. Types of schools School districts are public school entities and districts, organized under …
READ MORE →This post has been adopted from a Minnesota Department of Revenue Fact Sheet. Aircraft When you acquire complete or partial ownership of an aircraft, or when you first bring an aircraft into Minnesota …
READ MORE →A nonsolicitation agreement is a type of agreement that typically restricts an individual (usually a former employee) from soliciting either employees or customers of the company where the individual …
READ MORE →2013 Tax Law Changes Overview: Estate TaxTax TypeStatuteBrief DescriptionEffective DateEstate Tax289A.10 Sub 1Estate Tax: Modifies the filing requirements for the estate tax to provide that federal …
READ MORE →A judgment becomes a lien at the time of docketing, but it does not attach to the judgment debtor’s homestead property.[1] The fact that a judgment becomes a lien when docketed, however, does not mean …
READ MORE →Yes. You can protect your home from the judgments of creditors. Minnesota Statutes Section 510.01 provides an exemption that protects a judgment debtor’s homestead from seizure or sale under legal …
READ MORE →The Minnesota Workers’ Compensation Act, Minnesota Statutes Chapter 176, requires employers to provide workers’ compensation insurance to its employees. Similarly, the Act provides for four separate …
READ MORE →The material change doctrine is a legal theory that developed in Massachusetts. It originated in the Massachusetts Supreme Judicial Court’s 1968 decision in F.A. Bartlett Tree Expert Co. v. …
READ MORE →Yes, Minnesota Statutes Section 510.01 provides an exemption that protects a judgment debtors’ homestead from seizure or sale under legal process. Minn. Stat. § 510.01. A homestead is defined as the …
READ MORE →Related disclosure document posts: Franchise Rule Disclosure Compliance Obligations Ways of Furnishing Disclosure Documents Sample Franchise Agreement / Disclosure Document When Must Disclosure …
READ MORE →The following is the current (updated July 2023) Fact Sheet for Minnesota Sales Tax Guide for Selling Candy & Sweets. The following post has been adopted from the Minnesota Department of Revenue’s …
READ MORE →The following post has been adopted from the Minnesota Department of Revenue’s Sales Tax Fact Sheet #124, Exercise Facilities and Health Clubs. Fees and memberships Fees or charges for access to the …
READ MORE →This post has been adopted from the Minnesota Department of Revenue’s Sales Tax Fact Sheet, Pets and Pet Grooming, Boarding and Care Services. Sales of animals, including pets, are generally taxable. …
READ MORE →