Pub. 5 2023 Issue 4

Membership in the Nebraska Society of CPAs signifies your commitment to the accounting profession and the belief that much can be accomplished by working together. Welcome to the premier organization for CPAs and accounting professionals in Nebraska. CPA Membership Jeffrey Albrecht, Frankel LLC, OmahaLindsay Badertscher, FORVIS LLP, LincolnCarrie Ball, Farm Credit Services of America, OmahaCaroline […]

David L. Duren 1933-2023Nebraska Certificate #532Society Certificate #33959-Year Member / Public Service Award Recipient, 2000 The Society has made a donation to The Foundation of the Nebraska Society of Certified Public Accountants in remembrance of Dave.

Ellinger & Cappel LLC has moved into a new location at 109 West 8th Street in McCook. The McCook Chamber of Commerce and members of the community came together to help the firm celebrate its location change with a ribbon-cutting ceremony. Ellinger & Cappel was founded in 2014 by Nikki L. Cappel, CPA, and the

Katherine A. “Katie” Blycker, CPA, has been promoted to client advisory services manager at Lutz in Omaha. She specializes in small business consulting, including financial statement reporting and management analysis, with a focus on the healthcare industry. In addition, she provides outsourced accounting assistance and software training and support. Blycker began her career in 2016.

Buffie Somers has established a Field of Interest Fund, which will be funded from her estate, to ensure the causes she cares about receive support even after she’s gone. After a lifetime dedicated to teaching special education, Buffie Somers decided a Field of Interest Fund was the best way to ensure her work will continue

This article is the second in our series regarding how to achieve optimal results in resolving certain types of state tax and incentive disputes. We are dedicating Part 2 of this series towards sales and use tax audits and appeals. State Tax & Incentive Defense Protocol In Part 1 of this series, we discussed that,

Join the growing list of firms that are investing in the future of the accounting profession by participating in the Nebraska Society of CPAs’ 100% Membership Commitment Program. 100% Firms With More Than 100 CPAs Lutz 100% Firms With 20 to 50 CPAs Dana F. Cole & Company LLP Eide Bailly LLP Frankel LLC HBE

www.nescpa.org/conferencessociety@nescpa.org

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

The 2023 edition of a longtime Society publication, Nebraska School Districts Auditing & Reporting Reference Manual, is available through the Society for $40, plus tax and shipping. This year’s guide has been updated by members of the Society’s Governmental Accounting and Auditing Committee, coordinated by Marcy Luth of AMGL PC in Grand Island and Julie

The Investment Tax Credit (ITC), embodied in Section 48 of the Internal Revenue Code (IRC), provides a substantial financial incentive designed to stimulate investment in renewable and clean energy. The ITC encourages potential investors to partake in the installation of renewable and clean energy systems, thereby promoting environmentally sustainable practices in the United States. The

Maintaining a thriving accounting or tax practice hinges on effective client retention. While that is certainly true after the purchase of a practice, it applies to established practices as well. All firm owners must be able to retain clients to survive and thrive. In the day-to-day operation of a practice, there is no guarantee clients will keep returning

A CPA Exam Task Force, consisting of leadership from both the Nebraska Board of Public Accountancy (State Board) and the Nebraska Society of CPAs, was formed earlier this year to explore changes that may be needed to keep students progressing to licensure within Nebraska. During meetings this past spring, the Task Force considered a course

While “busy season” for CPAs has come and gone, summertime at the Nebraska Society of CPAs is one of your organization’s busiest seasons. CPE is full throttle ahead and our Fall Conference and Annual Meeting are just around the corner. Several busy, exciting months lie ahead! At the Nebraska Society of CPAs, we pride ourselves