Seward Location: 402-643-4557 | Osceola Location: 402-747-3381 ryan@gbecpa.com

What is BOI?

BOI stands for Beneficial Ownership Information, a requirement for U.S. organizations to report information about their owners and applicants to the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury. The Corporate Transparency Act (CTA)...

What Are Bonus Pay Withholdings?

GBE Clients, When we hear this question, we believe what people really want to know is: Why do employers withhold so much on bonus pay? Bonus Tax Bonuses are taxed the same as regular pay. They are listed (along with all of your job income for the year) on Form W-2...

Form 5498 for IRAs

If you have money invested in an Individual Retirement Account you will be receiving a Form 5498 from TD Ameritrade/Schwab (or your stock brokerage firm) in the mail the next 1-4 weeks. What is it? Form 5498 is information sent to the IRS by the trustees of...

Tax Tips: Corporate Biennial Renewal

If you have a registered corporation (Inc) with the Nebraska Secretary of State it is time to renew your registration! If you have a registered LLC your renewal is during odd years. If you do NOT have a Nebraska registered LLC or Corporation, please disregard this...