FASB Votes to Delay Effective Dates for 3 Major Standards
Recently, FASB unanimously voted to delay the effective dates for standards on accounting for leases, credit losses (known as CECL), and hedging for private companies and certain other entities. An Accounting Standard Update (ASU) to formally change the effective...
Nebraska DOL Update: Change in Taxable Wage Base for Category 20 Rated Employers
In 2019, the Nebraska legislature enacted LB 428 which added language to the Nebraska Employment Security Law. The major change for businesses in the tax year beginning January 1, 2020, is an increase in the Nebraska Unemployment Tax (UI Tax) taxable wage base for...
Celebrating the One Year Anniversary of a Successful Merger!
Ribbon Cutting Held to Celebrate Anniversary of Fuhrman, Smolsky, and Furey, P.C.’s Merger with HBE LLP On Monday, September 30, the professional accounting firm formerly known as Fuhrman, Smolsky, and Furey, P.C. (FS&F) celebrated the one year anniversary of...
A Roadmap for Preventing Construction Disputes
Whether resolved through mediation, arbitration or trial, construction disputes can be costly and time consuming for both project owners and contractors. Construction disputes may involve just a few thousand dollars or may be valued in the billions. The time required...
Using Big Data on a Small Budget to Improve Real-Time Decision-Making
For years, companies looked to data tracked by their finance and accounting departments primarily as a way to understand past performance. But quantum leaps in computing power and other technology have made it possible for organizations to move far beyond historical...
Recruiting New Nonprofit Board Members? HBE Can Help!
Since the founding of our firm in 1974, HBE has been committed to strengthening and enriching the communities in which we live and work by supporting local nonprofit organizations. In addition to volunteer efforts and financial support, we also provide...
Attention QuickBooks Users: Update Your EFTPS Internet Password
Important: If HBE provides quarterly and/or annual payroll tax return services for your organization, please be sure to contact us with your new password anytime it is updated.Effective September 19, 2019, the IRS is implementing the following requirements for EFTPS...
Gain Control Over Your Bill Pay Processes
Isn’t it time you gained control over your bill pay processes?Have you considered how much time you spend on bill pay processes? Whether it’s chasing down paperwork, reconciling accounts, or stressing about how your cash flow is managed, manual accounting processes...
HBE Promotes Christopher Bedient to Partner
Christopher M. Bedient, CFA, CFP® HBE Wealth Management LLC is pleased to announce that Christopher Bedient has been promoted to partner, effective July 1, 2019. Chris originally joined the firm as a financial advisor in 2015. Since that time, his...
Nebraska Flood Victims Have Options When It Comes to Deducting Casualty Losses
By Carter Johnson On March 21, 2019, President Donald Trump approved a Major Disaster Declaration for most counties in Nebraska through the Federal Emergency Management Agency (FEMA). This came a couple weeks after severe storms and floods damaged many...