Insights

Negotiating a Settlement with the IRS
People in Minnesota who owe back taxes may be able to settle their debt with the Internal Revenue Service for less than what they owe. Individuals who meet certain requirements may qualify for the Offer in Compromise program. However, ...Read More

Minnesota’s New Limited Liability Act
According to reports, new legislation signed by the governor of Minnesota on April 11 will affect the operation and formation of limited liability companies. The new legislation that was adopted is called the Minnesota Revised Uniform Limited Liability Company ...Read More

The Legal Implications of Running a Family Business
Many small businesses in Minnesota are owned and run by families. It is worth noting that there are multiple regulations that affect family businesses. A business may be taxed differently depending on how the business is structured and whether ...Read More

The Importance of Clearly Written Contracts
Most business owners in Minnesota would consider it unwise to enter into an important agreement without first having it scrutinized by an attorney, and even those who proceeded without legal advice would likely insist that the agreement be put ...Read More

What Types of Mergers Are There?
Minnesota entrepreneurs and investors who wish to make a new business by combining existing businesses into a more efficient and profitable company may consider seeking a merger with another venture. In general, most mergers can be placed into one ...Read More

Contract Dispute Results in Loss of 7 Channels
A contract dispute between Dish Network and Turner Broadcasting has led to Dish subscribers in Minnesota and around the country losing the ability to view seven channels through their subscription service. In addition to CNN, Dish customers can no ...Read More

Modifying Parenting Time & The Primary Residence Designation
In Minnesota, a custody order must establish a child\'s physical custody and primary residence. But nowhere in Minnesota\'s family law statutes is the term \"primary residence\" defined. The primary residence definition is important because under Minnesota Statute Section 518.175, subd. ...Read More

Commercial Real Estate Matters in Minnesota
An individual or business involved in a commercial real estate transaction may have a specific goal in buying or selling the property. However, there may be many legal issues that are not familiar to those involved. Legal assistance during ...Read More

An Overview of Business Taxes in Minnesota
Minnesota residents who own and operate a business enterprise should be cognizant of the federal and state tax laws that affect them. There are four general types of federal tax. Each one has its own characteristics and should be ...Read More

Divorce Business Valuation: What is Goodwill and Who Gets It?
When a Minnesota business divorce includes an ongoing business as an asset, there are many interesting and complex issues which need to be addressed. Valuing a business is an art, not a science, and there is no precise, perfect ...Read More