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- January 19, 2015Family LawCustody, Parenting Time & Child Support+1
In Calculating a Business Owner’s Child Support, The Facts Are Important
Recently, the Minnesota Court of Appeals had the opportunity to address the amount of discretion trial judges have in setting child support for Minnesota parents, specifically when determining child support for a self-employed individual. Judges first calculate child support based on the presumptive guidelines that are set by Minnesota Statute; but then judges may “deviate”... - January 8, 2015Agriculture Law & AgribusinessFinance & Banking+1
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, an Offer in Compromise might not be approved unless the IRS has already given the individual... - December 29, 2014Agriculture Law & AgribusinessFinance & Banking+1
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 Act. By adopting the new law, the state’s existing corporation based model will be changed to... - December 11, 2014Agriculture Law & AgribusinessFinance & Banking+1
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 or not family members are employed by the business. Following are some guidelines for operating a... - November 26, 2014Finance & BankingLitigation+2
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 into writing. However, the dockets of courts around the country are filled with disputes that have... - November 17, 2014Finance & BankingEstate Planning
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 of five different categories. These merger types may be easily understood by the relationship that the... - October 28, 2014Agriculture Law & AgribusinessFinance & Banking
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 longer view Headline News, Turner Classic Movies, Cartoon Network, CNN en Espanol, Boomerang and truTV, according...