Nebraska Small Business Grant
GBE Business/Cattle Clients (only), The state of Nebraska is taking applications from: 1. Small businesses with 5-49 W2 employees (as of March 13, 2020), or 2. Nebraska livestock producers with 1-10 W2 employees, or 3. Individual livestock producers a. Minimum 20...
Stimulus Funds Debit Cards
GBE Clients, Some of you waiting on a paper check for stimulus funds may actually receive Debit Cards in the mail from the US Treasury office. A sample letter is attached for your reference. The letter will have instructions on how to activate the card, how to...
Information About Stimulus Checks
We are receiving numerous questions regarding stimulus checks. Just know that you’re not alone! If you have not received a direct deposit by now, either your income is too high to receive one, or you are likely set to receive a check by mail. If receiving by mail, the...
IRS Demanding Payment? Discuss with Your Accountant First
This time of year many of you, our valued clients, receive notice letters from the IRS or the State Department of Revenue. The notice letters encourage you to write a check for unpaid tax, penalty, and interest from a previous tax year. In some cases, we’ve found...
Small Business Paycheck Protection Program
GBE Clients, Please see attached information and message below from the Seward County Chamber. We believe many, many of our small business clients (fewer than 500 employees) will be eligible for the Paycheck Protection Program. Takeaways from our early research on...
If Your Taxes Have Already Been Filed For A Refund Or Set To Auto-pay Consider Them Complete; April 15th Will Be Your Tax Payment Date.
For all others we recommend you continue to send us your tax information. 1. Many of you receive refunds; so now is the time to file! 2. We are unsure whether each state will follow suit with the extended deadline. 3. We at GBE are still allowed to work in our office...
Identity theft during tax season
Tax Clients, Identity theft is a big problem, especially during tax filing season. Thieves use many phone and email scams to try and capture your personal information. Remember, the IRS does NOT send information to taxpayers through email and does not initiate audits...
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...
Nebraska Registered Corporations – Time To Renew Your Registration!
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,...
Charitable Donations
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 ($12,200 per taxpayer). Please keep this in mind. Use Your IRA First (70 ½ and older)...