In this installment on the upcoming MN Paid Family and Medical Leave Act, which goes into effect in January 2026, we’d like to discuss the small business assistance option in the law.
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Minnesota Paid Family & Medical Leave (PFML): What Employers Need to Know About Taxes
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...
What Entity Should You Choose for Your Business?
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.
Paid Family Medical Leave (PFML): Employer Account Setup and Key Deadlines
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...
Advantages & Disadvantages of S Corporations
Whether you are setting up a new company or you have been in business for years, you need to evaluate which legal structure is best for your enterprise.
Manufacturers: Importance of Buy-sell Agreements
Creating and operating a business usually starts with a great idea, capital investment by one or multiple owners, and hard work. While the main focus of an owner should be on day-to-day operations, there are always items that should be in the back of their mind for events down the road.