News Updates
Putting property tax figures in the form of a story problem
September 11, 2025
Property taxes can be looked at as a story problem. Unlike a story problem, though, with property taxes you don’t always have all the information you need at the start.
Paid sick time law goes into effect October 1, 2025
September 08, 2025
The new law requires businesses with 11 or more employees to provide their employees with paid sick time. Employers are required to provide written notice and postings by September 15, 2025.
Pillen requests federal disaster for 12 Nebraska counties after August windstorms
September 08, 2025
Nebraska Gov. Jim Pillen has requested a major federal disaster declaration for 12 counties following early August storms with hurricane-force winds that damaged a state prison.
NE Dept of Revenue publishes legislative changes affecting taxation
September 02, 2025
The 2025 Nebraska Legislative Changes affecting taxation has been posted to the Nebraska Department of Revenue's website.
Gov. Pillen issues Disaster Declaration for 23 counties following August 2025 storms
September 01, 2025
Governor Jim Pillen has issued a disaster declaration for 23 counties resulting from storms that impacted the state earlier this month. Thunderstorms from Aug. 8-11, 2025, resulted in exceptionally high winds and heavy rain and caused significant damage to public property and infrastructure.
Departures From Free Markets Aren't New
August 18, 2025
Recently, due to deals President Trump is making, some are saying the United States has embarked on a version of Chinese-style “state capitalism” – directly entangling markets and government. What the argument ignores is that this started long ago.
Dealing with natural disasters: IRS relief efforts leave some wanting
August 01, 2025
More than 4 in 10 Americans have been victimized by a natural disaster, a stressful scenario that can take time to process. Tax-related responsibilities add to the burden, but filing relief can help. A survey-high 35% of adults who participated in a Harris Poll conducted on behalf of the AICPA said that an IRS extension of tax relief beyond what’s initially provided by a state of emergency would be most helpful. Nearly 3 in 10 (29%) most wanted an improved process for requesting an extension when property is involuntarily converted (i.e., a loss of property due to natural disaster, fire, or theft), and 21% most wanted the IRS to stagger individual and business deadlines for tax relief after a disaster.
Disaster declared for 6 NE counties following June storms
July 30, 2025
The U.S. Small Business Administration has approved a disaster declaration for six central Nebraska counties following late June 2025 storms and opened eligibility for certain low-interest loans.
Nebraska Department of Labor Posts Paid Sick Time Poster
July 29, 2025
The Nebraska Department of Labor released the official Paid Sick Time Notice in preparation for the implementation of the Nebraska Healthy Families & Workplaces Act, which takes effect on October 1, 2025. The new legislation requires employers with 11 or more employees to provide paid sick leave for personal and family health needs.
FAQ: The One Big Beautiful Bill Act Tax Changes
July 24, 2025
The Big Beautiful Bill is now officially law, but what exactly do these new tax changes mean for the US economy, government coffers, budget deficits, and taxpayers? Explore this FAQ from the Tax Foundation.
How employers can hire the best accounting students
July 24, 2025
The best way to attract entry-level accounting talent is to actively recruit students on college campuses. Learn what accounting students want to know about employers and discover examples of ways to make on-campus connections with promising talent.
New CPA exam shows promising results
July 24, 2025
The CPA Evolution-aligned version of the CPA Exam, launched in January 2024, marks a significant change in the licensure process. Early indicators suggest the new exam is performing as expected, with pass rates stabilizing and volumes increasing.
Trump signs AI orders
July 24, 2025
President Donald Trump has signed executive orders which will precipitate a new administration plan to boost the development of artificial intelligence in the U.S. by relaxing rules and expanding energy supplies for data centers. “From this day forward, it’ll be a policy of the United States to do whatever it takes to lead the world in AI,” Trump said as he signed orders including a measure which addresses energy and permitting issues for AI infrastructure, a directive to promote AI exports and one that calls for government-procured large language models to be neutral and unbiased, Bloomberg reports. “America is the country that started the AI race, and as president of the United States, I’m here today to declare that America is going to win it,” Trump said
Tax provisions in the One Big Beautiful Bill Act
July 07, 2025
The bill extends many of the expiring provisions from the Tax Cuts and Jobs Act (TCJA), P.L. 115-97. It also addresses other tax priorities of the Trump administration, including providing deductions to eliminate income taxes on certain tips and overtime pay. The bill also revamps some of the TCJA’s provisions on the taxation of corporations’ foreign income and terminates a large number of clean energy tax incentives.
Taming the Zeigarnik Effect
July 01, 2025
The Zeigarnik Effect, a psychological phenomenon, describes how unfinished tasks occupy more mental space than completed ones, leading to burnout, especially in high-pressure professions such as accounting.
Student interest in accounting shows marked improvement
June 16, 2025
A 24% enrollment spike in accounting programs at two-year institutions highlights a strong spring semester for interest in the profession among college students.
53 CPA Societies Back AICPA in PTET SALT Deduction Effort
June 06, 2025
A letter from the AICPA and CPA societies in 53 states and jurisdictions criticizes the provision in the House version of the budget bill that would eliminate the state and local tax deduction for certain passthrough entities.
10 Tips on How to Manage Sales Tax Compliance
June 05, 2025
Sales tax compliance audits can be painful, time-consuming, and potentially expensive for your business. Here are 10 tips from four former state auditors covering sales tax compliance strategies.
Survey shows spike in interest in accounting as a career
May 02, 2025
Interest in accounting careers has increased among Hispanic, Asian American Pacific Islander (AAPI), and white students since 2021, according to the latest Expanding the Accounting Profession Pipeline report by the Center for Audit Quality and Edge Research.
Pipeline update: Perceptions of accounting brighten among students
May 01, 2025
The perceptions held by high school and early college students about accounting are trending in a positive direction, positioning the profession for an opportunity to continue strengthening the talent pipeline.