Archive for June 2013

Weekly updates and conference calls on tax-law changes

The Department of Revenue is posting updates on tax-law changes each Thursday in June. The posts provide guidance and instruction regarding tax changes. View the Department’s website for more information, to see the release schedule and/or sign up for email alerts on all tax law changes including weekly conference call details.

SBM members invited to join revenue commissioner in tax discussion

Minnesota Revenue Commission Myron Frans has reached out to Small Business Minnesota members to discuss the 2013 Omnibus Tax bill and its implications on Minnesota’s business community.  Frans will provide an overview of the law followed by a Q&A session. (This meeting is open to the public.)

What: 2013 Tax Law Changes impacting the business community

When: Monday, June 24 at 9-10 a.m.

Where: Minnesota Department of Revenue – Skjegstad Room 600 North Robert St, St. Paul, MN 55101

Cost: FREE and open to the public!

This session is followed by:

General session 11 a.m. – noon
Agriculture community 1- 2 p.m.

If you have any specific questions you would like addressed and to RSVP, email revenue@state.mn.us Please forward this invitation on to your networks.  Go to the Department’s website for additional information that we have released thus far.   

Small business owners attend standing-room-only MNsure event

April Todd-Malmlov

April Todd-Malmlov, MNsure Executive Director

Small Business Minnesota recently hosted a forum on MNsure, Minnesota’s new health insurance exchange.

Small business owners heard a straightforward, candid presentation directly from the source: April Todd-Malmlov, MNsure executive director. Her presentation included solid information on costs, requirements, small business tax credits and more. This was followed by a lengthy and candid Q&A session.

Snapshots:

  • Oct. 1 – Enrollment begins for sole proprietors, freelancers and small businesses with  up to 50 fulltime employees or 50 FTEs.
  • January 1 – coverage begins
  • Tax credits are available for qualifying taxable and tax-exempt organizations. Tax credit calculator.
  • Small businesses are not required to offer health insurance benefits. However, those with more than 50 employees will pay an assessment if they do not offer qualified coverage.
  • More information at mnsure.org

Due to the popularity of the event, Small Business Minnesota is exploring repeating the forum.

Thank you to our gold-level event sponsor Thompson Hall Santi Cerny & Dooley. “We do business law so you can do business.”

Related news:
According to this Forbes article, California’s strong active purchaser lowers premium costs.

LA Times: California picks 13 health plans for state-run insurance market

MN2020: MNsure must use leverage for consumers