Few would argue that the most important investment a company can make is in hiring and training quality employees. Once those employees are in place the focus turns to employee retention. Obviously, everything from competitive pay and benefits packages to a supportive...
Limited Liability Company Review-upate Time
Seriously, all businesses formed as a Minnesota limited liability company (LLC) and operating Minnesota Chapter 322B should have their operating and member control agreements reviewed. This is especially true for any LLC with, or contemplating, multiple members....
Protect the Security of Your Credit Bureau Files
Recently Experian (one of 3 credit bureaus) was hacked with 143 million consumer credit files possibly compromised. You may have received a notice to check to see if yours was one of them. Even if it does not now appear as your information was hijacked, that does not...
Small Business Owners Beware Sexual Harassment is a Hazard
Recently you may have read that the Mississippi Dunes Golf Course was found liable for sexual harassment of 4 female employees by its owner. The women were awarded $130,000.00 and a $20,000.00 penalty payable to the state was assessed. However, that’s not the sole...
Establishing Residency for State Income Tax Purposes
It is common knowledge that the state where a person establishes residency, their “domicile”, can dramatically affect their net after tax income. Some states, such as Texas, Florida, Montana, Alaska, and South Dakota have no income tax. Our neighbor state North Dakota...