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

Corporate Biennial Renewal

Corporation 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,...

Payroll/1099 Season

GBE Clients, This information does not pertain to any personal or non-business tax return. Bookkeeping clients – we typically prepare this for you and will contact you if further information is needed. BUSINESS, RENTAL PROPERTY, AND FARM CLIENTS ONLY It is time to...

Charitable Donations

GBE Clients, The time for tax-effective charitable giving may be now. As previously mentioned, many of you may no longer have enough charitable giving to exceed the new Federal standard deduction (~$12,000 per taxpayer). So please keep in mind your donation might NOT...

Sold My Primary Residence

GBE Clients, We often hear the comment: I just sold my house, now what? TAX CONFUSION Due to a myriad of reasons, people are often confused. Many are under the belief the proceeds from this sale MUST be reinvested into a new house to remain tax-free. This is not true!...

Getting Your Money’s Worth

Working with CPA Firm may likely pay off in the long run because they are thorough. Many tax offices can drop numbers in software. However, a CPA will analyze the situation to look for tax savings opportunities and help you plan for next year – in short, they become...

Church Workers

Housing Allowance Clients and Pension Housing Clients ONLY, Attached is our annual email guide for church workers. 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...

Estate Planning

Valued GBE Clients, We often hear questions about estate planning. Namely, does GBE offer this service? The answer is yes! The bulk of estate documents are completed by an attorney. However, many estate and other tax planning considerations should be discussed with...

Three Mistakes to Avoid

Valued GBE Clients, It is our pleasure to assist many of you with your tax, investing, and other financial needs. But the year is long and sometimes we’re not aware of certain decisions you have made (until it is too late). Here a just a few of the ones we’ve noticed...

My Child’s Summer Job

GBE Clients, 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 $12,500...

Enhanced Child Tax Credit

Valued GBE Clients, IRS letters will arrive The IRS announced it has started sending letters to more than 36 million American families who may be eligible for the expanded child tax credit and monthly payments set to begin in July. Income limitations Phaseout of the...