News
Johnson Now Serving Businesses in Alexandria & Fergus Falls
FOR IMMEDIATE RELEASE Johnson Now Serving Businesses in Alexandria & Fergus Falls Peyton Johnson brings his sense of community and strong work ethic to Mid Minnesota Federal Credit Union (MMFCU) to serve businesses in Alexandria, Fergus Falls and surrounding communities. Johnson combines his experience working on his family’s dairy farm in Long Prairie with a degree in finance from the University of North Dakota and professional experience of helping large and small businesses grow. As a Business
715 Hot Heads Announces New Stylist
Introducing Stylist Amy King at 715 Hot Heads Salon [Fergus Falls] — 715 Hot Heads Salon is thrilled to announce the newest addition to our talented team, stylist Amy King. With over 16 years in business, Amy brings a fresh and innovative approach to the hair world at Hot Heads. Amy King is a Salon Professional Academy graduate renowned for her exceptional skills in hair extensions, cutting, coloring, and airbrush eyebrows along with her passion for keeping up with the latest trends and techniques. Her
FLSA Alert: Overtime Rule Struck Down
FLSA Overtime Exemption Rule Struck DownA federal district court struck down the US Department of Labor’s 2024 rule increasing the minimum salary required for overtime exemptions under the Fair Labor Standards Act (FLSA) on November 15. History:The 2024 rule increased the minimum salary required for exempt status under the administrative, executive, and professional exemptions.The ruling had three stages:Increase exempt salaries to $43,888 effective July, 1 2024Increase exempt salaries to $58,656
Corporate Transparency Act Shut Down - What Small Businesses Need to Know
From the US Chamber of Commerce Editor's Note 1/8/25: There is currently no filing deadline for the Beneficial Ownership Information reporting requirement, which is currently on hold. As of this date, there is no requirement to file this report. Editor's Note 12/26/24: On December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit paused the enforcement of the Corporate Transparency Act (CTA), thus pausing the beneficial ownership reporting requirements for U.S. small business owners. This