Tax Savings Opportunities for Manufacturing
by Carter Johnson In the manufacturing sector, there are many ways to achieve success. Most businesses in this sector attempt to achieve their objectives through the means of creation, production, and fostering growth. For these companies, difficult decisions are...
HBE Named to List of Best Firms for Leadership Equity for Third Year
HBE LLP, one of Nebraska’s leading providers of professional accounting, consulting, and financial management services, is pleased to announce that they have been added to the Accounting MOVE Project’s Best Firms for Leadership Equity List for the third year in a row....
A Guide to Sales Tax Options for Contractors in Nebraska
by Carter Johnson While most retail customers view sales tax as simply an additional charge paid at the counter for purchases at their favorite store, sales tax to business owners are viewed entirely different. The collection and remittance of tax is something most...
Adriana Carvajal-Rodriguez Appointed to Nebraska Latino American Commission Board of Commissioners
Adriana Carvajal-Rodriguez has been appointed by Governor Pete Ricketts to serve on the Latino American Commission’s Board of Commissioners. Carvajal-Rodriguez replaces Commissioner Jack Gutierrez who served as Commissioner since his appointment in 2013. She is a...
New Guidance for Research Tax Credit Payroll Offset Creates Opportunity for Small Businesses
Summary Under the Protecting Americans from Tax Hikes (“PATH”) Act of 2015, eligible small businesses may elect to utilize up to $250,000 of the Research Tax Credits (“RTCs”) they generate under Internal Revenue Code section 41 and after 2015 against their portion of...
What You Need to Know About the WannaCry Ransomware Program
Just days after President Trump signed a much-anticipated executive order on cybersecurity, a massive cyberattack—potentially the largest the world has ever seen, with more than 75,000 ransomware attacks in 153 countries—stole headlines. The “WannaCry” ransomware...
The Employee Benefit Plan Sponsor’s Fiduciary Role
When discussing the role of the plan sponsor as the fiduciary to a plan, it is important to note that the role of fiduciary extends to specific individuals within the plan sponsor organization. Identifying those individuals depends on job functions performed on behalf...
FBLA Shaped McCain’s Career
Cody McCain, 2nd year tax intern, has been a member of Future Business Leaders of America (FBLA) since his freshman year at Tri-County High School. In FBLA, Cody has served in many leadership positions, performed numerous community service jobs, attended conferences,...
Important Change to Personal Property Tax Returns for Nebraska Nonprofit Organizations
Krystal Siebrandt, CPA, CFE, CGMA Nonprofit organizations that have qualified for a personal property tax exemption* no longer need to list assets purchased during the year on their personal property tax return. Rather, they must only report new taxable leases....
2017 Health Care Reform Update
The long-awaited Republican health care plan to repeal and replace Obamacare, titled the “American Health Care Act” (AHCA), was released by the GOP on March 6. The bill—which includes the addition of income-based phaseouts for the new health care coverage credit,...