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MNsure special enrollment period ends April 30. Tax penalties increase in 2015.

Comments Off on MNsure special enrollment period ends April 30. Tax penalties increase in 2015. Minnesotans who did not have health insurance last year and now owe a penalty on their 2014 federal taxes can still enroll in 2015 health coverage. MNsure’s special enrollment period goes through Thursday, April 30. Those who don’t have health coverage for the rest of 2015 will risk paying the penalty again next year which will increase to 2% of taxable income or $325 per adult, whichever is greater. MNsure is the only place to get financial help for your health insurance, which could reduce your premium. Free help is available from MNsure navigators and brokers.  Apply and enroll online or call the MNsure Contact Center at 1-855-366-7123 […]

Small business priorities, short list, for the 2015 Minnesota Legislative Session

Small Business Minnesota is a nonprofit, nonpartisan membership association for all small business, defined has having less than 100 employees, owners in the state of Minnesota. There are more than 500,000 small businesses in Minnesota. Small businesses employ 52% of the workforce, contribute 50% of the GDP, make up 70% of our exporters (contributing 30% revenue), create the vast majority of patents and are creating two of every three new jobs. Support Crowdfunding, MNvest effort Small Business Minnesota was one of the earliest supporters of crowdfunding for small business owners in Minnesota. We joined MNvest in this effort. Learn more at mnvest.org Support small business owners affected by environmental policy Generally, we support and ask for legislators’ consideration of small […]

Small Business Minnesota releases paper, “Small Business, the Affordable Care Act and MNsure”

MINNEAPOLIS — April 15, 2015 — Small Business Minnesota, a nonprofit, nonpartisan, statewide small business association, released a paper today, “Small Business, the Affordable Care Act and MNsure.” “Affordable healthcare consistently remains the No. 1 concern for small business owners,” said Audrey Britton, Small Business Minnesota public relations chair. “This concern trumps concerns with taxes and regulations. Yet, during healthcare debates, small business is rarely included.” According to the paper, small business is a big economic driver in the U.S. About 98 percent of Minnesota businesses are small. Across the nation, small businesses employ more than 50 percent of the workforce, contribute to more than 50 percent of the GDP, are now hiring two of every three new employees, generate […]

Attention! Inventors and Product Developers

Small Business Minnesota has been offered a great opportunity to help an inventor, product developer, or an owner of an expanding small business to ‘screen’ for a potential spot on The Shark Tank. Give Audrey a call or send her an email and she’ll send you some information. (612) 807-1211 or audresmallbusinessmn.org. A very interesting opportunity to gain attention and an investment.

MNsure 2015 Signup Tips

John Waterbury, a Small Business Minnesota member and a well-seasoned health insurance professional, has penned an article for us that highlights some issues – little known ‘gotchas’ – in MNsure that business owners and individuals should be aware of.  This is well worth reading and may save you some dollars and frustration. This is the link to the entire article.

Our Legislative Impact 2014

A list of links to the sections in the 2013-2014 small business legislative session wrap up.Small-business property tax relief passed Other 2014 tax laws affecting small business owners Business-to-business services taxes repealed Women’s Economic Security Act becomes law Minimum wage increase adjusted for small businesses Transit and transportation MNsure and affordable healthcare Net neutrality and Internet access New LLC laws Education for our future workforce Predatory lenders targeting small business owners Minnesota’s $25 billion in tax expenditures Sustainable business practices Misrepresentation on business filing with the Secretary of State Impartial justice affects small businesses Citizens United

Free, confidential small-business environmental assistance and grants

The Minnesota Small Business Environmental Assistance Program (SBEAP) provides free, confidential environmental assistance to small businesses. SBEAP helps small businesses maintain compliance with new and existing environmental requirements, reduce or eliminate the amounts of emissions and wastes generated, and reduce regulatory obligation. Small businesses are generally defined as independently owned and operated businesses with fewer than 100 employees that are not major sources of waste or emissions. SBEAP services include: One-on-one, confidential compliance assistance on the SBEAP Hotline at (651) 282-6143 or (800) 657-1238. Confidential onsite visits. Educational opportunities such as workshops, trainings, events, printed materials, and informational mailings. Pollution-prevention and best-management-practice assistance and referrals. Communication between the MPCA and businesses. Advocacy on behalf of businesses. These services are free, non-regulatory, […]

MNsure: Small businesses can enroll all year long

While MNsure open enrollment is now closed, MNsure special enrollment has begun. Small businesses with employees may enroll throughout the year. There are also exceptions for enrollment after March 31 for some one-person shops, individuals and families. Information on one-person shops/individual or family insurance. Information on small businesses offering insurance to employees.

State property tax relief for small business owners proposed. Act now!

Concerned about state property taxes? Small Business Minnesota recently testified on state property-tax relief for small-business owners, a top concern brought to us by our members. The bill, to lower state property taxes for small-business property, passed through the House and is now headed to the Senate Tax Committee where the fate of this bill is unknown. Small-business owners interested in state property-tax relief need to email members of the Senate Tax Committee (especially the chair) and cc the bill’s author, Representative Diane Loeffler. Let Senate Tax Committee members and chair know you support efforts to lower small business property taxes. If possible, outline how state property taxes have affected your business.

Minnesota Pollution Control small-business service program

Small Business Minnesota recently posted information on social media about several small-business grants, including grants to replace common receipt paper with toxin-free paper and environmental incentives for diesel-engine owners. Find out more.