Update: This tax was repealed on March 21, 2014. The information below is preserved for archival purposes. However, it is no longer in effect. 2014 Law (Repealed) Starting April 1, 2014, …
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Introduction 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 …
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Installment Sales (See footnote 1.) IRC Section 453 defines the appropriate accounting method for reporting income from an “installment sale.” (See footnote 2.) An installment sale is generally …
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Get Started: Licensing Requirements & Other Considerations The 21st Amendment to the United States Constitution ended prohibition in 1933. That year, all 50 states adopted some form of three-tier …
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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 …
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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 …
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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 …
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I. Jurisdiction 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 …
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Sample Franchise Disclosure Document Does failure to provide mandated disclosure documents vitiate a subsequent franchise agreement? Yes. Under Minnesota law, a franchisee is entitled to rescind the …
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Licensing and Filing Information Inside this booklet Need help with your taxes? Information on: We’re ready to answer your questions! Getting a license Filing your monthly return Minnesota Department …
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This post has been adopted from a Minnesota Department of Revenue document: (2013 Regular Session) Bulletin Date: May 31, 2013 MINNESOTA REVENUE Appeals and Legal Services Division 600 North Robert …
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Detective and Security Services 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 …
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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 …
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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 …
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Starting a General Partnership in Minnesota A general partnership is a business that is owned by two or more persons who associate to carry on the business of the partnership for profit. General …
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Many believe that creditors can’t touch their retirement savings. But in many states—including Minnesota—that’s frequently not true. If you have an ERISA-qualified 401(k) or pension plan, your savings …
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When my clients consider selling their settlement for a lump sum payment, I work with them to determine if the offer is in their best interests. This is called “independent professional advice” …
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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 …
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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 …
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Schools—Sales and Purchases 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 …
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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 …
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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 …
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Table of Contents Toggle2013 Tax Law Changes Overview: Estate Tax(2013 Regular Session)Estate TaxEstate tax filing requirementRecapture return requiredRecapture informational return requiredRecapture …
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Does a Judgment Lien Against a Homestead Exempt Property Take Priority Over a Later-Recorded Mortgage? A judgment becomes a lien against the judgment debtor’s real property at the time of …
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Yes. You can protect your home from the judgment of creditors. Minnesota Statutes Section 510.01 provides an exemption that protects a judgment debtors’ homestead from seizure or sale under legal …
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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 …
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The material change doctrine is a legal theory that developed in Massachusetts. (See footnote 1.) Under Massachusetts’ law, each time an employee’s employment relationship with the employer changes …
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Can I Protect My Home From the Claims of Creditors? Yes, Minnesota Statutes Section 510.01 provides an exemption that protects a judgment debtors’ homestead from seizure or sale under legal process. …
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Related disclosure document posts: Franchise Rule Disclosure Compliance Obligations Ways of Furnishing Disclosure Documents Sample Franchise Agreement / Disclosure Document When Must Disclosure …
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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 …
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