Guide to Protesting Your Property Valuation
Written by, James D. Schulz, CPA, CVA, MTPartner | HBE LLPJune 20, 2023 -- As home prices continue to rise, many Nebraska homeowners may have seen an increase in their 2023 property valuations. However, if you do not agree with your home's assessment, you can take...
Inflation Reduction Act: Costs and Benefits for Real Estate & Construction
The Inflation Reduction Act’s (IRA’s) expansion of key energy efficiency tax incentives – such as the 179D energy efficient commercial buildings deduction and the 45L new energy efficient home credit – is anticipated to have a significant impact on real estate and...
Nebraska Introduces PTET Law and Lowers Income Tax Rates
Written byBrian M. Klintworth, CPA, MTPartner | HBE LLPJune 1, 2023 -- On May 31, Nebraska Governor Jim Pillen signed LB754 into law. This bill enacts several tax reforms, including the Pass-Through Entity Tax (PTET) and lowering the income tax rate for the state's...
Attention HBE Clients: Is your Tax Return on Extension?
Written byBrian M. Klintworth, CPA, MTPartner | HBE LLPTax extensions are a great tool to give you extra time to gather your documents, and assist when you are waiting for information that flows into your return, or when there is added complexity to your tax return....
What’s Your True Net Worth?
Written by David BoothChairman and FounderDimensionalWhat's Your True Net Worth? Many apps today claim to instantly calculate your net worth by adding up your banking and investment accounts and then deducting what you owe on your credit cards and mortgage. But in my...
Ways to Secure Your Estate Plan
Ways to Secure Your Estate Plan Estate planning isn't just for the rich and famous. For example, you may have family heirlooms (such as jewelry or artwork) or real property that has sentimental value to certain family members. Wills and trusts can help ensure that...
Financial Reporting Considerations: Interest Rates and Inflation
As companies plan year-end financial reporting, it’s important to consider the implications of inflation and rising interest rates, which can affect financial reporting in many ways, as discussed below. Many of the financial reporting areas affected involve impairment...
Collective Investment Trust — What Plan Sponsors Need to Know
Collective investment trusts (CITs) comprise nearly half of all assets in target date funds and are on track to surpass mutual funds as the most popular investment in that strategy, according to independent research by Morningstar. Many plan sponsors are adding CITs...
4 LEVERS FOR BUILDING RESILIENCE
To expand or contract a business as market conditions change requires flexibility, agility, and foresight. For companies who want to be positioned as well as possible at the forefront of a recession, taking concrete steps now can ease the pain of an economic downturn...
Employee Retention Credit Schemes: What to Watch For
Last week, the IRS issued a renewed warning urging businesses to carefully review the Employee Retention Credit (ERC) guidelines before trying to claim the credit. According to the IRS, some third-party firms are taking aggressive or improper positions when it comes...