A version of this article originally appeared on mankatofreepress.com. The 2017 Tax Cuts and Jobs Act (TCJA) reformed the economic landscape by lowering corporate tax rates, providing deductions for small businesses, and incentivizing investments that created jobs. As the expiration of these provisions approaches at

This blog was written by the U.S. Chamber of Commerce. MANKATO, MN – The U.S. Chamber of Commerce and Greater Mankato Growth recently hosted U.S. Representative Brad Finstad (R-MN-01) for a roundtable discussion in Mankato, Minnesota with local business leaders on the need to extend

A federal court has lifted the injunction on a new program in that halted the US Treasury Department from collecting Beneficial Ownership Information (BOI) under the Corporate Transparency Act (CTA). What does this mean for you? For the vast majority of businesses will need to

Last week, a bill was introduced in both the Minnesota House and Senate that would improve the permitting process in Minnesota. Greater Mankato Growth had a chance to testify in favor of HF 8 on Thursday, February 13, in the House Environment Committee. A companion

Minnesota politics remains active as ever at the start of the new year. Following the 2024 elections, the Minnesota House was tied at 67-67, and the Senate had a narrow DFL majority at 34-33. Recent events have led to special elections for both bodies. Former

A federal judge has blocked the implementation of the new beneficial ownership requirements under the Corporate Transparency Act (CTA). The judged held that the new law is likely unconstitutional and issued a preliminary injunction that prohibits the federal government from enforcing the new reporting requirements

Failure to submit new paperwork by the December 31st, 2024 deadline puts small business owners at risk for criminal penalties. The Corporate Transparency Act (CTA) was enacted by Congress on January 1, 2021, as part of the National Defense Authorization Act.  The CTA included significant

2024 Election Analysis  The results of the 2024 election were clear: voters demand change. The front and center issues—the economy and kitchen table—are not surprising. Voters have been squeezed by higher costs for everything, while businesses have faced the same inflationary pressure, as well as

As you know the state passed Paid Family and Medical Leave (PFML) into law in 2023. That program will not go into effect until 2026. As part of that law, the legislature granted the Department of Employment and Economic Development (DEED) rulemaking authority to help