One-Participant 401(k) Plans
By: Niki Stehlik, CPA The one-participant 401(k) plan, sometimes referred to as a Solo-401(k), Solo-k, Uni-k, or One-participant-k, is not a new type of 401(k) plan. According to the IRS website, a traditional 401(k) plan is a plan covering a business owner with no...
5 Business Productivity Killers—and How to Slay Them
If you feel that business is harder today, you’re not alone. In addition to rising regulatory obligations and relentless technological change, the ability to attract and retain top talent has never been more difficult. To compete and thrive in this environment,...
5 Financial Reports Your Not-for-Profit Board Members Should Understand
How often do your not-for-profit board members ask a question regarding the organization’s financial statements? If your board is like most, questions about financial statements may be few and far between. Although a not-for-profit’s board serves a variety of...
IRS Offers Tax Relief for Flood Victims in Nebraska
The IRS has delivered good news amidst the terrible disaster that swept across the state of Nebraska earlier this month. Individuals who live in or have a business in Butler, Cass, Colfax, Dodge, Douglas, Nemaha, Sarpy, Saunders or Washington Counties, may...
Business Owners – What is Your Company Worth?
By: Mike Kottwitz, CPA, CVA The value of a business is often a business owner's most valuable asset. Despite this, many business owners do not have a clear idea of what their business is actually worth. Often, business owners may have ballpark value estimates based on...
Cost Segregation Studies: Accelerating Your Real Estate Deductions
By: Scott Scheef, CPA For those that own commercial real estate or multi-family residential properties, the cost recovery lives for depreciation have long been 39 or 27.5 years, respectively. While many owners of such real estate may have these on a long-term note...
Forfeiture Accounts: Not Just Another Participant in Your 401(K) Plan
January 1st was the start of a new plan year and for many employee benefit plans and those charged with governance may take the first quarter of 2019 to review plan provisions, benchmark investments or evaluate service providers. One area that...
New Tax Opportunities and Trends in the Manufacturing Industry
With tax law updates and manufacturing industry changes, new tax planning opportunities and tax trends are very important for manufacturers to be aware of. The following article consists of three sections with information covering the Wayfair Sales Tax...
HBE’s Agriculture Industry Specialty Team | A Leader in the Field
Crop prices. Cattle prices. Opportunities and threats. Farmers and agribusiness owners know that the agriculture industry is ever-changing and staying ahead of the game can be a daunting challenge. At HBE, one of our firm’s core industry groups is our Agriculture...
HBE Announces Promotions
We are pleased to announce the promotions of Grant Nuttelmann, Dan Carmichael, Phillip Oman, CPA, Kendra Schlautman, and Stacey Gerdts. Each of these individuals has provided top-notch client service, advanced their education, and developed deeper...