OFFICIAL PUBLICATION OF THE NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

May 11, 2023

State Tax & Incentive Defense Protocol

Determine Internal Team and External CPA. Successful results are best achieved by a team. This team should consist of the right members of a company’s internal team, as well as the company’s regular legal counsel, outside CPA, and a state and local tax and incentives attorney. Start With the Statute. Tax and incentive results are

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Resolving State Tax & Incentive Disputes – Part 1: Resolving E-Verify R&D Credit Audits & Appeals

This article is the first in our series regarding how to achieve optimal results in resolving certain types of state tax and incentive disputes. Because of a new E-Verify push by the Nebraska Department of Revenue, we are dedicating Part 1 of this series towards this issue. State Tax & Incentive Defense Protocol In resolving

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Counselor’s Corner: Tips for Protecting Client Data & Minimizing Liability for Cyberattacks

The surge in new state data privacy laws has left many service providers concerned about potential regulatory enforcement and fines in the event that data they control is subject to a breach event. As a result, the security of personal data and resulting liability in the event of a data breach is quickly becoming a

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Equity Compensation As a Tool for Retaining Key Talent: Tax Considerations

Due to recent trends in the labor market, interest in offering equity compensation as a way to compete for and retain talent has grown quickly. Equity compensation is a payment in company equity typically granted to key employees and can act as a beneficial tool for companies looking to attract, retain, and incentivize top talent.

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Preparing Your Clients for Legacy Giving 

Nebraska is in the early stages of the biggest transfer of wealth in the state’s history. According to recent estimates, more than $100 billion in wealth in Nebraska will be transferred from one generation to the next by 2030. That number jumps to almost $1 trillion within 50 years. Many of these transfers will include

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State Board Report – The More Things Change, The More They Stay the Same: Addressing the CPA Pipeline Crisis

Over the past several weeks, much has been written and spoken about the CPA pipeline crisis, including creative suggestions for possible solutions. There are certainly some sound ideas being offered for discussion, and as a partner in a public accounting firm and as a regulator, I welcome them all. At this point in time, the

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President’s Message: Finding Common Ground & Impacting the Pipeline

Ah, spring! Like the flowers and trees, it’s time for a fresh start. Spring brings the beginning of our new fiscal year and the annual renewal of your Nebraska Society of CPAs’ membership. We hope you continue to look to the Society as your No. 1 resource for education, information, and legislative representation—and that you

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