If you are thinking of selling property that could result in a large tax bill, consider a 1031 exchange. A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is not a “tax free” exchange as it is sometimes referred to, but rather a way to defer capital gains tax on the …
The Details of Documentation
In all realms of employment law, from small businesses to large corporations, the management of the employment relationship with any employee comes down to making a decision based on the employee’s performance. This is particularly true in matters of termination, promotion, and other areas where the road forks in that affiliation between employer and worker. …
So, You Want to Start a Business? Determine Which Entity Type is the Right Fit for You.
One major decision that every business owner must make is to decide which entity type to use to form their business. There are many entity choices to consider, some with better protections than others. This article aims to provide a general summary of the most common entity types available in Minnesota, along with a brief …
So, You Want to Start a Business? Determine Which Entity Type is the Right Fit for You.Read More
Environmental Law – What to Look for in 2023
At the time of this writing, we are just beginning to glimpse what 2023 has in store for us. Like so many, I watched from my couch as Kevin McCarthy was elected Speaker of the House after 15 rounds of voting. It was a long night after several long days. The adoption of the new …
On Whose Authority?
The end of the year for me in terms of parenting is always touch and go, with an eight-year-old and a six-year-old who are amped up for Christmas. Even above parents, Jolly Old St. Nick has the ultimate authority, particularly for the final page of the calendar, as ending up on the naughty or nice …
Safety-Focused Drug & Alcohol Policies Help Employers Navigate Changing Cannabis Laws
With the ongoing changes in and divergence of many state and federal laws pertaining to marijuana legalization, medical marijuana usage, cannabis-derived edible products, and most recently those hemp-derived products including Delta-8 THC items, employers are finding a greater challenge in monitoring employee behavior relating to the use of those products. While the legality of various …
Safety-Focused Drug & Alcohol Policies Help Employers Navigate Changing Cannabis LawsRead More
Job Descriptions Short Circuit Quiet Quitting, Legal Issues
The recent TikTok phenomenon dubbed ‘quiet quitting’ isn’t anything new. Ask any manager, HR professional or employment lawyer who has had to deal with all levels of employee behavior and they can point out those employees who, for whatever reason, go above and beyond what’s expected of them or what’s written down on the job …
Job Descriptions Short Circuit Quiet Quitting, Legal IssuesRead More
Strategies for Keeping Real Estate out of Probate
For many clients, one of the primary objectives of estate planning is to avoid having their real estate go through probate, the court process that oversees the orderly distribution of an estate. Clients who have personal experience with probate or have heard stories about probate from family or friends often want to avoid subjecting their …