Counselor’s Corner: Nebraska Enacts Pass-Through Entity Tax Law
On May 31, 2023, Governor Jim Pillen signed LB754 into law. Among other changes, LB754 adds a retroactive to 2018 Nebraska pass-through entity tax, or PTET, law. By way of background, the Tax Cuts and Jobs Act of 2017 generally limits the amount of state and local taxes that taxpayers can annually deduct from their […]
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