Meet the Interns 2025
HBE’s intern program has been designed to provide college students considering a career in public accounting with real-world experiences in audit, tax, and business advisory-related services. Unlike traditional intern programs, our intent at HBE is to provide our...
Secure 2.0 Provisions: What Individuals and Plan Sponsors Need to Know for 2025
As we start the new year, retirement plan sponsors and participants alike will need to understand key changes brought about by the SECURE 2.0 Act, which aims to enhance retirement security across the United States. Many of the provisions within this landmark legislation are set to take effect in 2025, and it’s important to understand how these changes will impact both individual employees and plan sponsors, especially for defined contribution plans like 401(k) and 403(b).
New for 2025: Nebraska Child Tax Credit up to $2,000
Parents or legal guardians of children five years old or younger and enrolled in daycare during 2024 may apply with the Nebraska Department of Revenue to receive a refundable tax credit if their total household income is $150,000 or less for the 2024 tax year. To...
Upcoming Nebraska Sales and Use Tax Changes
The Nebraska Department of Revenue has published important information regarding changes in local sales and use tax rates that will come into effect on January 1, 2025, and April 1, 2025. These changes are significant for businesses and individuals operating in the...
Understanding Compliance Testing for Retirement Plans
As a business owner or plan sponsor, ensuring that your company’s retirement plan is compliant with IRS regulations is critical to maintaining its tax-advantaged status. Compliance testing plays an essential role in meeting these requirements, and it applies to...
Post-Election Estate & Gift Tax Update
Post-Election Estate & Gift Tax Update Proactive Planning Remains Key After much uncertainty leading up to the election, we now know that Republicans will control both the Presidency and Congress starting in early 2025. While uncertainty remains for what will...
HBE LLP Recognized for Equity Leadership for Tenth Year in a Row
HBE LLP is proud to announce that for the tenth consecutive year, we have been recognized as one of the Accounting MOVE Project’s 2024 Best Firms for Equity Leadership. With women holding 46% of leadership roles, HBE joins just 17 firms nationwide receiving this...
A Farmer’s Guide to Year-End Planning for 2024
As the end of the year quickly approaches, it is important for farmers to start thinking about year-end tax planning. There are many tax-saving aspects to consider that could help reduce tax liabilities for this year and future years. Farmers may have large deferrals...
Act Now on Beneficial Ownership Information Reporting Requirements
On Tuesday, October 15, we hosted a complimentary 10 Minute Tuesday webinar to help business/LLC owners understand some of the key items surrounding BOI reporting, including where to seek help in the preparation of these reports. If you were unable to attend, we...
Key Considerations for Non-Profits When Selecting a New Accounting System
For non-profits, choosing the right accounting system can be even more complex than for a traditional business. Non-profit organizations have unique needs, including managing donations, grants, and ensuring compliance with strict reporting requirements. What is an...