My Child’s Summer Job
We often hear the question – how should my child fill out their W-4? And then we often hear the assumption – just take “0” and the max, right? This is likely incorrect. Exempt Status GENERALLY, when a child you claim as a dependent makes less than $16,100 in a year...
2026 SECURE 2.0 Act Changes
Dear Customers, We want to make you aware of an important change to retirement plan rules that may affect you beginning in 2026 under the SECURE 2.0 Act. Who This Applies To This change applies only if both of the following are true: You are age 50 or older, and Your...
Corporate Biennial Renewal
Corporate Clients 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...
Nebraska Child Care Tax Credit for Working Parents
WHAT Nebraska Child Care Tax Credit for Working Parents (Effective Immediately for 2025 Taxes) WHEN If you believe you are eligible, please FILE NOW. The credit is first-come, first-served with a limit of $15 million in payouts. WHO Eligibility: At least one child 5...
Church Workers
Housing Allowance Clients and Pension Housing Clients ONLY Please use the updated spreadsheet when possible. You may email/bring the completed spreadsheet to your tax preparer when it’s time to file. The rest of the information should be similar to last year....
Attention GBE Clients: New 2025 Tax Breaks You Should Know About
GBE Clients, To keep you informed of the recent tax changes we will now focus federal income tax changes in place specifically for this current tax year. No Tax on Overtime New deduction:Individuals who receive qualified overtime compensation may deduct the pay that...
Major Tax Reform Passed: What the “One Big Beautiful Bill” Means for GBE Clients
GBE Clients, We wanted to make you aware of current tax law changes. Please understand information is coming in at a rapid pace and we will not likely have quality implementation guidance until late November. WHAT HAPPENED On July 3, 2025, Congress finalized and...
Nebraska Child Care Tax Credit for Working Parents (Effective Immediately for 2024 Taxes)
WHAT Nebraska Child Care Tax Credit for Working Parents (Effective Immediately for 2024 Taxes) WHEN If you believe you are eligible, please FILE NOW. The credit is first-come, first-served with a limit of $15 million in payouts. WHO Eligibility: At least one child 5...
LLC Biennial Renewal
LLC Clients and Domestic Nonprofit Corporations If you have a registered LLC with the Nebraska Secretary of State it is time to renew your registration! If you have a registered corporation your renewal is during even years. If you do NOT have a Nebraska registered...
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)...