Minnesota Governor Tim Walz has signed legislation for a paid family and medical leave program, providing financial security for families during major life events.

The Minnesota House of Representatives has passed the paid Family and Medical Leave bill, HF2, which aims to create a state-run insurance program offering up to 18 weeks of paid leave for workers each year. The program, which is set to start on July 1, 2025, is designed to help self-employed or gig workers who could opt into the program. 

If you’re a beginning farmer in Minnesota, don’t miss out on the valuable financial incentives offered by the Minnesota Beginning Farmer Tax Credit program. This program facilitates the transfer of farmland, equipment, and other assets to new farmers while also providing annual state tax credits for landlords and sellers. Read on to learn more about the application process and funding approach.

An employee benefit plan audit is a periodic and independent examination of a company’s benefit plans that are subject to ERISA. If your company currently offers or plans to offer an employee benefit plan, read this article to learn about audit requirements.

Buy-sell agreements are an essential tool for businesses with more than one owner. This type of agreement defines what will happen to the departing owner's share of the business if they leave. Learn about the benefits, key components, and important considerations of a buy-sell agreement for your business.

The end of the year is fast approaching, and with it comes the opportunity to reassess your tax and financial circumstances. Learn about strategies to help minimize your taxes for 2022.

In March 2022, the IRS identified 11,096 suspicious returns claiming more than $2 trillion in Employee Retention Tax Credits. The full extent of the fraud has yet to be ascertained and the IRS is taking focus on the problem.