Late Tuesday, December 16, the Senate passed the tax package, H.R. 5771. This legislation includes the “Tax Increase Prevention Act of 2014,” which was passed by the House on December 3, extends through 2014 over fifty currently expired “extender” provisions. The Act...

As we approach the end of 2014, we have summarized several important year-end tax planning strategies. This information will be helpful as you begin preparing for the upcoming tax season and any important financial decisions you will need to make before the end of the...

Dear Clients, Colleagues, and Friends: At HBE Becker Meyer Love LLP we take great pride in helping our clients work through long-term transitions and we strive to practice what we preach. That is why, over the past several years, we have been working closely with Ron...

By Michael J. Arens, CPA A cost segregation study can be a valuable tax savings strategy for owners of business real estate. Cost segregation studies are a method for tax purposes that allow both new and existing buildings to be depreciated over a shorter period of...

Now that we’ve entered the final week of October, the end of the year will be here before we know it. If your business has made payments of over $600 to any vendor throughout the year, now is the perfect time to begin collecting and assembling the information needed...

By Jeff Yost President & CEO Nebraska Community Foundation Where are you from? That’s a question that pops up in many casual conversations among those of us who call Lincoln or Omaha home today, but still have fond memories of and close ties to much smaller...

By Sandra Feinsmith Social media can offer cost-effective platforms through which nonprofit organizations can better communicate with stakeholders and raise awareness of their causes and fundraising efforts.  Following major online giving success stories such as...

INCOME TAX  Partial Income Tax Exemption for Military Retirement Income (LB 987 – Operative Date: January 1, 2015) A taxpayer may make a one-time election within two years after the date of his or her retirement from the military to exclude some military retirement...