NEWS AND RESOURCES

Owners of closely held businesses typically have a significant portion of their wealth tied up in their enterprises. If you own a closely held business with your relatives involved, and don’t take the proper…
It is not every day that my social media feed is filled with memes, click bait, and TikTok videos about IRS rulings, but Revenue Ruling 2023-2 caused enough shock and panic to go viral….
Owners of closely held businesses typically have a significant portion of their wealth tied up in their enterprises. If you own a closely held business with your relatives involved, and don’t take the proper…
It is not every day that my social media feed is filled with memes, click bait, and TikTok videos about IRS rulings, but Revenue Ruling 2023-2 caused enough shock and panic to go viral….
A key decision you must make when drafting your estate plan is who to appoint as the executor. In a nutshell, an executor (called a “personal representative” in some states) is the person who…
Full disclosure: I’m not an employment lawyer. I’m a tax attorney and have worked with restaurants for 45 years. I’m also a restaurant owner and once took time off from practicing law to be…
A tax law change in 2019 essentially ended “stretch IRAs” by requiring most beneficiaries of inherited IRAs (other than a spouse) to withdraw all of the funds within 10 years. Since then, there’s been…
Let’s continue a discussion we’ve debated in the Monitor for years: owning versus leasing real estate. Key Reasons for Owning Real Estate: 1. Flexibility: The benefit of owning real estate, as we saw during…
As of January 1, 2024, many business entities and some trusts are required to report beneficial ownership information (BOI) to the U.S. government under the new Corporate Transparency Act (CTA). The CTA is meant…
Monroe Moxness Berg is proud to announce that six of our attorneys have been included in The Best Lawyers in America® (2025 Edition) and two attorneys in the Best Lawyers: Ones to Watch® in America (2025…
A difficult aspect of planning your estate is taking into account your family members’ needs after your death. Indeed, after you’re gone, events may transpire that you hadn’t anticipated or couldn’t have reasonably foreseen….
There is no one answer on the best way to finance a restaurant acquisition or fund new unit development, or even financing real estate. There is no secret or magic wand, just a lot…
Monroe Moxness Berg is pleased to announce that four of our attorneys have been selected to the 2024 Minnesota Super Lawyers list: 2024 Super Lawyers • John Berg — Mergers & Acquisitions • Mark…
Monroe Moxness Berg attorney and chair of the firm’s Commercial Real Estate practice, Patricia Weller, was recently featured in an article by Dan Rafter for Midwest Real Estate News. The article focuses on retail…