OFFICIAL PUBLICATION OF THE NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Pub. 6 2024 Issue 1

Welcome-New-Members

Welcome New Society Members

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,

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Why Working at a CPA Firm Is Phenomenal, and Why Students Should Major in Accounting

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

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Counselor’s Corner: Corporate Transparency Act Reporting Required for Certain Nonprofit Organizations

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

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2024 Conferences & Special Events

Mark Your Calendars for These Outstanding Opportunities!

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

2024 Conferences & Special Events

Mark Your Calendars for These Outstanding Opportunities!

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State Tax Briefing: The Good Life Transformational Projects Act

Nebraska’s New Incentive Driving Economic Development in the State

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.

State Tax Briefing: The Good Life Transformational Projects Act

Nebraska’s New Incentive Driving Economic Development in the State

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IRS Announces Settlement Programs for ERC

Consider Your Audit Risk

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

IRS Announces Settlement Programs for ERC

Consider Your Audit Risk

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Charitable Giving

What Financial Advisors Should Know in 2024

As we start 2024, you’re no doubt inundated with information about the various IRS thresholds that are subject to adjustment. Here are a few pointers to keep handy as you inform your clients about changes and also help them tee up their charitable giving plans for the coming year. Social Security COLA Increases The Social

Charitable Giving

What Financial Advisors Should Know in 2024

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President’s Message: Advancing the Profession Through Advocacy & Innovative Solutions

The Nebraska Society of CPAs plays a critical role in advocacy, helping to shape the future of the profession and the laws that affect you as CPAs. We are dedicated to building relationships and forging strong bonds with legislators, nurturing our ties with the Nebraska Department of Revenue, collaborating with the Nebraska Board of Public

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