Minnesota’s Paid Family & Medical Leave (PFML) program is bringing significant changes for employers and employees alike. At Smith Schafer, we are committed to helping Minnesota businesses stay informed and prepared. This article is part of our ongoing series on...
The One Big Beautiful Bill Act (OBBBA) introduces three major changes to charitable contribution deductions beginning with the 2026 tax year. Taxpayers should be aware of these updates as they plan future giving strategies.
One of the most important decisions when starting a business is choosing the right legal structure. Your choice will affect how you run your business, engage in transactions, protect yourself from liability, and manage taxes.
This article is the third installment in our ongoing series designed to help Minnesota businesses understand and prepare for the new Paid Family and Medical Leave (PFML) program. If you missed it, start with the first two articles in the series: Understanding...
As a reminder, Minnesota’s Paid Family and Medical Leave (PFML) program will take effect on January 1, 2026. All Minnesota employers are required to participate in the state-administered program unless they receive an exemption by offering a comparable private plan....
The Minnesota Secure Choice Retirement Program represents a significant shift for employers who do not currently offer retirement benefits.