Nebraska Property Tax Valuation
Nebraska Property Tax Valuation By Jimmy Schulz Property owners in Lancaster County should have recently received a postcard in the mail informing them of their 2021 Preliminary Real Estate Valuation. This information is also now available on the County Assessor's...
Important Updates on Recent Stimulus Bill
Important Updates on Recent Stimulus Bill PPP Round 2 & ERC Guidance January 8, 2021 President Trump signed the Consolidated Appropriations Act 2021 (the Act) on Sunday, December 27. Highlights of certain COVID-19-related provisions that may impact taxpayers,...
Announcing Ron Ecklund’s Retirement
Ron Ecklund After over four decades of service to HBE, Ronald Ecklund, has retired from his career in public accounting. As one of the firm’s original partners, representing the “E” in HBE, Ron was instrumental to the growth and success the firm enjoyed over the...
Consolidated Appropriations Act of 2021
Update on Year-End Pandemic Relief Consolidated Appropriates Act of 2021 December 31, 2020 President Trump signed the Consolidated Appropriations Act 2021 (the Act) on Sunday, December 27. Highlights of certain COVID-19-related provisions that may impact taxpayers,...
New Congressional COVID Relief Bill
New Congressional Covid Relief Bill PPP Loans and Related Business Issues December 22, 2020 Late on December 21, 2020, Congress passed its newest $900 billion COVID-19 relief bill. While this bill contains many important stimulus actions to help combat the ongoing...
2020 Year-End Tax Planning for Farmers
2020 Year-End Tax Planning for Farmers December 8, 2020 As the end of the year comes near, it is important to consider certain tax saving moves that can be made to help reduce tax liabilities for this year and future periods. If you believe any of these items may...
2021 Payroll Frequency Phenomenon
2021 Payroll Frequency Phenomenon In any year with 365 days, there will be six days of the week that occur 52 times and one day of the week that occurs 53 times. This causes the chance of having an additional payroll when paying employees on a weekly or bi-weekly...
Guidance on PPP Non-Deductibility Timing
Guidance on PPP Non-Deductibility Timing November 20, 2020 On November 18, the IRS released Rev. Rul. 2020-27, which clarifies the timing of the non-deductibility of expenses related to forgiven PPP proceeds. This is a follow up to the original IRS guidance issued in...
PPP Loan Forgiveness Applications
PPP Loan Forgiveness Applications November 17, 2020 As we prepare for year-end, HBE has started reaching out to our clients who have received a Paycheck Protection Program (PPP) loan to see how they are coming along with the forgiveness application. We understand that...
Required Information for PPP Loan Forgiveness Applications
Required Information for PPP Loan Forgiveness Applications November 17, 2020 The following is an initial list of information that will be needed in order for HBE to assist you with your PPP loan forgiveness application. PPP Loans up to $50,000 Lender name,...