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...
Form 5498
If you have money invested in an Individual Retirement Account you will be receiving a Form 5498 from TD Ameritrade or your stock brokerage firm in the mail the next 2-4 weeks. What is it? Form 5498 is information sent to the IRS by the trustees of Traditional, Roth,...
Thank You!
Whether you have been with us for over twenty years or just started working with our firm this tax season – we want to take a moment and say thank you. Thank you for the opportunity to serve you. Thank you for trusting us with your taxes, investments, bookkeeping,...
Where’s My Refund?
Where’s My Refund? If you are so fortunate as to receive a refund this year, it may take up to 30 days to receive it. Jealous that your friends and family have already received theirs? Don’t message your accountant…simply use the government-provided information...
Sending Your Documents
GBE Clients, It has been an interesting start to our filing season as the federal and state tax rules seem to be changing by the minute. After receiving some early tax info, we thought it might be helpful provide a few reminders and tips when sending in your documents...
State Dept of Revenue Letters
Letter Did you receive a letter from the NE Dept of Revenue or other state tax department where you live, titled 1099-G? If so, you’re not alone. Why Did I Receive This Letter? Last year you received a state income tax refund and had itemized deductions. What Should I...
LLC Biennial Renewal
LLC Clients 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 LLC or Corporation, please disregard...