MN HF2476

Creates a "small employer" exemption for private businesses with less than $100,000 in gross annual receipts, defining their employees as independent contractors for purposes of employment and wage and hour laws.

Allows persons reporting less than $100,000 in gross receipts to elect annual sales tax filing instead of monthly or quarterly filing.

Reduces business registration fees to $10 for limited liability companies and assumed name certificates if the business anticipates earning less than $100,000 in gross annual receipts in the first year of operation, with the reduced fee usable only once per organizer or person.

Exempts businesses reporting less than $100,000 in gross receipts from the definition of "employer" for employee withholding tax purposes under Minnesota income tax law.

Modifies sales tax return filing deadlines, allowing certain sellers not registered under the Streamlined Sales and Use Tax Agreement to file annual returns by February 5.