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Don’t Wait Until the Holidays to Unwrap: Corporate Transparency Act Reporting Begins January 1, 2024
By: Scott Emery
, Sequoia L. Butler
| November 28, 2023
Owning a Business
Starting January 1, 2024, the Corporate Transparency Act (CTA) mandates that many newly formed entities report detailed ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau within the Department of Treasury. Reporting for entities formed prior to January 1, 2024, starts January 1, 2025. WHY? Enacted on January 1, 2021, the CTA’s goal […]
READ POST >Eco-Conscious Rest: The Intersection of Green Burials and Minnesota Law
By: Lloyd Stern
| October 30, 2023
In the ever-evolving realm of estate planning, it’s crucial to be attuned not only to legal intricacies but also to cultural shifts and environmental considerations. As more individuals are opting for sustainable and eco-friendly practices in life, so too are they looking to extend these choices into their final rest. Henson Efron is committed to […]
READ POST >Taking a Step from Graduate to Grown-up: Estate Planning and Other Considerations for Your Recent Graduate
By: Christopher Burns
, Brigitt Orfield
| July 31, 2023
Powers of Attorneys
Congratulations, proud moms and dads of new grads! As the summer comes to a close, be sure to add these other important preparations to your to-do list: Statutory Short Form Power of Attorney, Health Care Directive, and Digital Property Authorization These legal documents are not just for “grown-ups” anymore. Having your adult children sign statutory […]
READ POST >Paycheck Protection Program Fraud: How Whistleblowers Can Combat Fraud and Obtain Substantial Rewards Using the False Claims Act
By: Court Anderson
, Benjamin (Ben) Hamborg
, Eric Friske
| June 19, 2023
Coronavirus
The Paycheck Protection Program (PPP), established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, served as a vital lifeline for countless small businesses, individuals, and nonprofit organizations during the COVID-19 pandemic. With a staggering $813.7 billion allocated to the program, it offered essential financial assistance to those impacted by the global crisis. However, […]
READ POST >Minnesota Bans Non-Compete Agreements: Impact on Employers and Employees
By: Benjamin (Ben) Hamborg
, Eric Friske
| May 24, 2023
Non-Compete Agreements
On May 16, 2023, Minnesota passed a law banning non-compete agreements in employment contracts, echoing similar measures adopted in other states limiting such restrictive covenants. Although generally broad in scope, the ban, slated to take effect on July 1, 2023, does not extend to non-competition provisions associated with the sale of a business, well-crafted customer […]
READ POST >The FTC’s Proposed Ban on Noncompete Clauses: Implications for Businesses and Workers
By: Eric Friske
, Benjamin (Ben) Hamborg
| February 8, 2023
Non-Compete Agreements
On January 5, 2023, the Federal Trade Commission (FTC) proposed a new rule that would ban the use of noncompete clauses in employment contracts. A public forum will be held on February 16, 2023, examining the proposed rule, which will serve as a supplement to the FTC’s prior request for members of the public to […]
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