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New Nebraska Filing Requirement

New Nebraska Filing Requirement

There is a new filing requirement that impacts pass-through entities in Nebraska. Pass-through entities include LLC’s, Partnerships and S-corporations.  The Nebraska State Legislature recently passed LB 512 which was signed into law on May 30, 2019.  The new law...
Qualified Business Income Deduction

Qualified Business Income Deduction

One of the significant new tax deductions taking effect in 2018 under the new tax law is the qualified business income deduction. It should provide a substantial tax benefit to individuals with “qualified business income” from a partnership, S corporation, LLC, or...