Which Employers Must Pay the New ‘PCORI’ Fee Due July 31?
The Affordable Care Act imposes a little-known new fee on certain employers and health insurance companies. The first payments are due on or before July 31, 2013. The “PCORI” fee may take some employers by surprise. While many organizations are focused on the...
Delay in ACA Employer Mandate: Opportunity to Regroup
The bombshell July 2 announcement came in the form of a blog post on the U.S. Treasury Department’s website, accompanied by a statement issued from the White House. The employer “shared responsibility” provision is being delayed one year, until 2015. The move was...
The Marketplace Fairness Act: What You Should Know About Internet Sales Tax
Written by Scott Scheef, Staff Accountant E-commerce and the state government’s effort to monitor and tax internet-based transactions have existed nearly as long as the internet itself. In the 1992 United States Supreme Court case of Quill v. North Dakota, the court...
Obama Administration Postpones Key Provisions of Affordable Care Act for Employers
REPORTING REQUIREMENTS AND MANDATE PENALTIES FOR EMPLOYERS WITH 50+ FULL-TIME EMPLOYEES DELAYED UNTIL 2015. On Tuesday, July 2, 2013, the Obama Administration announced that it will not begin enforcement of the “employer mandate” section of the Affordable Care Act...
Questionable Mailer Targets Local Businesses
A questionable mailer that has made the rounds in several states is starting to show up in Nebraska. It’s prompted a flood of calls to the Secretary of State’s office. “This is not necessarily new, complaints about this direct-mailer have been reported in other...
Results from HBE’s 2012 Client Satisfaction Survey
At HBE Becker Meyer Love LLP, our goal is to provide our clients with the highest quality of service. In support of this goal, we recently issued satisfaction surveys to clients who utilized our firm for 2012 tax planning and preparation. The results of this survey...
Employers: Are You Using the Correct I-9 Form?
A new I-9 Form (the document used to verify worker identity and eligibility) has been issued by the Department of Homeland Security. You can obtain forms now and should have started using them by May 7, 2013. To Obtain Forms The revised forms are available in English...
Nebraska Department of Revenue Tax Resource for Construction Contractors
We often receive questions from construction contractors regarding the taxability of various expenditures and how tax is collected and paid on building materials and fixtures. To help provide clarification and guidance on these items, the Nebraska Department of...
Directing Required Minimum Distributions to Qualified Charities
Written by Ronald L. Ecklund, CPA, CFP In recent years, Congress has flip-flopped on legislation that allows individuals age 70 ½ and older to transfer IRA required minimum distributions (RMDs) directly to qualified charities. In fact, legislation to enable this...
Client Spotlight: Capital Humane Society
As one of Lincoln’s leading CPA and consulting firms, HBE Becker Meyer Love LLP has the privilege of partnering with some of our community’s most valuable nonprofit organizations to meet their accounting, tax, audit and consulting needs. One of these partners is...