by Joan Buchman Miller | Mar 25, 2020 | Uncategorized
Right now, your highest priority is the health of those you love and yourself. But if you have time to read about some non-medical but important matters related to the health crisis, here is a summary of IRS action already taken and federal tax legislation already...
by Joan Buchman Miller | Aug 20, 2019 | Uncategorized
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...
by Joan Buchman Miller | Jun 29, 2019 | Uncategorized
The IRS recently notified tax software vendors that a corrected schedule D tax worksheet had been posted for 2018. Due to an error in the original worksheet some taxpayers may have overpaid their taxes. The error only affected a small portion of taxpayers that...
by Joan Buchman Miller | Mar 25, 2019 | Uncategorized
Victims of the weather incidents that took place in March in Nebraska may qualify for tax relief from the Internal Revenue Service. Taxpayers who reside or have business or business records in Butler, Cass, Colfax, Dodge, Douglas, Nemaha, Sarpy, Saunders and...
by Joan Buchman Miller | Nov 4, 2018 | Uncategorized
Simplified per-diem increase for post-Sept. 30, 2018 travel. An employer may pay a per-diem amount to an employee on business-travel status instead of reimbursing actual substantiated expenses for away-from-home lodging, meal and incidental expenses (M&IE). If the...
by Joan Buchman Miller | Jul 16, 2018 | Uncategorized
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...
