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January 2017 Archives

What is the Lacey Act?

Minnesota residents may have heard of the Department of U.S. Fish and Wildlife Service and likely understand that this entity governs fish and animals in the country. However, the agency is actually responsible for a lot more that what some may think. Among the many laws that it may enforce is the Lacey Act. Originally put into law in 1900, it has been updated most recently in 2008. Just what does the Lacey Act stipulate, provide or prevent?

What is cyber terrorism?

Most Minnesota residents who have a computer are probably familiar with things like antivirus software or spyware programs. These products are designed to protect computers and networks against hackers or computer viruses that may corrupt or steal data. The online world has given rise to new opportunities in many ways and some people have turned to it for illegal activities. However, just as with any type of crime, the line between what is ethical and what is not can sometimes be hard to distinguish.

Understanding lotteries and bets in Minnesota

Have you ever made a casual bet with friends over a football or card game? Have you ever purchased a lottery ticket? If you have done things like this in Minnesota, you are likely enjoying some innocent fun and not breaking any laws. However, there are forms of gambling that are deemed illegal in the state and understand what can be legal and what can be illegal is important for all residents.

What does Minnesota consider a legal bet?

From a lottery to horse racing to sports games, there are many situations in which Minnesota residents may engage in some sort of betting or chance-taking on making a financial profit. Understanding what is legal and what is not in this realm can be difficult. If the laws are not fully understood, it can be all too easy to cross a line even unintentionally and find oneself facing criminal charges.

Man indicted on multiple charges by federal grand jury

Minnesota entrepreneurs know that business transactions can be very complex, especially when mergers, stock sales and shares and other things are involved. It is not only the transactions themselves that can be complex but the ensuring tax responsibilities as well. It can be the smallest of details that make the biggest of differences in what needs to be reported as income and paid as tax.

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