Pub. 6 2024 Issue 1

Mark J. Brockhaus 1962-2023 Nebraska Certificate #5093Society Certificate #513618-Year Member Russell E. Smith 1973-2024 Nebraska Certificate #6730Society Certificate #479023-Year Member The Society has made a donation to The Foundation of the Nebraska Society of Certified Public Accountants in remembrance of each of these individuals.

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 Holden Adams, FORVIS LLP, LincolnJesus Corrales, McMill CPA PC, NorfolkKordell Glause, Gabriel, Burger & Else, CPA,

BMG CPAs LLP of Lincoln sponsored the 106.3 KFRX annual Wheel of Wishes event held at Scheels Southpointe in December. BMG is a long-time sponsor of this event, benefiting Make-A-Wish® Nebraska, which has granted more than 3,100 wishes since 1983. Learn more at https://bit.ly/BMG-Make-A-Wish. E&H CPAs & Management Consultants PC of Scottsbluff and Kimball has

Lynndsy J. Beckmann, CPA, has become a shareholder of McMill CPAs & Advisors in Norfolk. A graduate of Wayne State College, she joined the firm in 2015 as an intern and obtained her CPA license in 2017. Allison C. “Allie” Boulay, CPA, of Deloitte Tax LLP in Omaha, has received the Omaha Community Foundation’s Chartered

We’ve written over 500 blogs in the past 15 years. Our material is pitched mostly to partners and managers. We would love it if this blog was read by entry-level hires, staff at CPA firms senior or below, and interns. Partners, you should forward a copy of this blog to your firm’s young people. We

The Corporate Transparency Act (CTA) requires most businesses to provide information regarding their ownership through an e-filing service provided by the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). The CTA was enacted as an attempt to combat illicit activity by individuals and foreign organizations that have been able to capitalize on the anonymity

Business & Industry Conference, with Memorial Stadium Tour* Wednesday, April 24 | 6 CPE Champions Club, Lincoln Financial Institutions Conference Tuesday, May 21 | 8 CPE Live Webcast Not-For-Profit & Governmental Accounting Conference* Monday-Tuesday, June 17-18 | 16 CPE Nebraska Innovation Campus Conference Center, Lincoln ABCs of Business Happy Hour Monday, June 17 The Scarlett

Companies have a limited life. They are created, they prevail for some period of time, and then they decline and fail. Sometimes this is over a very short timeframe. Sometimes it is over an extended timeframe. Some merge with another. Some find new life in a new or revised business model. Many factors drive this.

In late December 2023, the IRS announced its Voluntary Disclosure Program for employers that claimed and received an Employee Retention Credit (ERC) refund but later determined they were not eligible. The Voluntary Disclosure Program follows the IRS’ announcement in October 2023 that it would allow employers with submitted—but not yet paid—ERC claims to withdraw their