In 2024, Governor Walz signed into law significant changes to Minnesota’s independent contractor and employment laws. Here’s what you need to know to navigate these changes successfully. Why Does Worker Classification Matter? Improperly classifying employees as independent contractors can result in steep penalties—up to $10,000 for each violation. This misclassification can also trigger back taxes,… Continue Reading
Outsourcing and Consulting
What is BOI Reporting?
How BOI Reporting will impact your business and what your next steps could be We have been closely monitoring updates regarding The Corporate Transparency Act (CTA). There are recent crucial developments that businesses should be aware of. Christianson has compiled a list of our most frequently asked questions and what’s required to maintain compliance. What… Continue Reading
The Power of Bundling Financial Services for Small Businesses
We get it – it’s a difficult and complicated time to be a small business owner. Experts claim we’re not in a recession, though the public feels differently. Inflation remains an ever-present challenge. New governmental regulations, like the new Minnesota ESST law, always arise to provide challenges. Staffing continues to be difficult. And, more than… Continue Reading
Minnesota Earned Sick and Safe Time (ESST) law
What is the Minnesota Earned Sick and Safe Time (ESST) law? Minnesota Earned Sick and Safe Time (ESST) is paid leave employers must provide to employees in Minnesota that can be used for certain reasons, including when an employee or family member is sick, an employee’s or family member’s mental or physical illness, the closure… Continue Reading
Ask the Experts- Earned Sick and Safe Time (ESST) Law
Ask The Experts Segment Recorded on November 3, 2023 Joel Gratz, Managing Partner and CPA, and Kennedy Sommerfeld, Senior Payroll Specialist, joined Bill on KWLM during the “Ask the Experts” segment. This month they talked about Minnesota’s new Earned Sick and Safe Time (ESST) Law. Gratz and Sommerfeld outline the important requirements surrounding the law… Continue Reading
COBRA and the New Subsidy
COBRA Premiums Now Being Paid by Employers Are you aware of the COBRA rules we now live in under the Federal American Rescue Plan Act (ARPA)? From April 1st to September 30th, 2021, employers are required to pay COBRA premiums for employees who were involuntarily separated or had a reduction in hours. Under this federally… Continue Reading
