2020 Issue 3

As businesses begin to consider reopening their operations and returning employees to their locations and places of business, there are many things employers must consider and pitfalls employers will have to take care to avoid. Provided below are some important questions and answers to assist employers in reopening their operations and returning employees.

he employer’s share of Social Security tax (but not Medicare tax) can be delayed and paid over two years. Many business clients may not know that the deferral applies to:
Self-employed individuals, and …

The Setting Every Community Up for Retirement Enhancement Act of 2019, known as the SECURE Act (the Act), was adopted last year and took effect January 1, 2020. The Act made significant changes to retirement benefits, including 401(k), 403(b), 457(b), ESOP, and IRA accounts, and implemented new rules regarding payout of retirement accounts to a deceased participant’s beneficiaries.

Between social distancing and COVID-19 stay-at-home orders, companies are turning to videoconferencing services to get down to business. While these services help you connect, they also pose new privacy and data security risks. Here are some tips to keep in mind before hosting or joining a videoconference online:

You finally earned a promotion to manager. But after the congratulations from colleagues and new business cards, it’s up to you to maximize this new role and grow into an impactful leader and respected colleague.

Nebraska is a two-tiered accounting state—along with Alabama, Connecticut, Hawaii, Illinois, Kansas, and Oklahoma. Two-tier states have two steps that must be completed before an accountant is considered a licensed CPA. In addition, you need a state’s license or permit to meet the substantially equivalent requirements in other states.

With rapid changes occurring in how you are working and the services you provide, your Society is also adjusting and transforming so that we may effectively represent and support the CPA profession in Nebraska now and into the future. Every workplace on the planet has been affected by this crisis. How we all respond truly is the key to the success of our organizations, our communities, our state, and our nation.