The financial markets have had their moments in 2023. And if you haven’t checked your portfolio and retirement plan asset allocations in a while, you could be in for a jolt. Your allocations may be out of line with your current investment goals, timeline and tolerance for risk, but you can fix the problem by […]

Clint Weeder and Andrew Steffensmeier discuss the Nebraska Pass-Through Entity Tax (PTET) and the possible tax savings for your business. This change in the tax law will benefit business owners that file Partnership (Form 1065) and S Corporation (Form 1120-S) tax returns. Clint and Andrew detail what PTET is and its benefits, give a timeline […]

If you are covered by Medicare, it’s time to compare your current coverage with other available options. Medicare’s Open Enrollment period begins on October 15 and runs through December 7. Medicare plans can change every year, and you may want to switch to a health or prescription drug plan that better suits your needs or […]

In today’s digital age, scams and fraud have become increasingly prevalent, affecting individuals, businesses, and government agencies. One of the most common forms of fraud involves impersonating the Internal Revenue Service (IRS) to deceive taxpayers. To protect ourselves and our communities from falling victim to such schemes, it is essential to be aware of fraudulent […]

We had an awesome Lemonade Camp this year hosted in Downtown Norfolk on August 1st, 2023. Campers raised $619 for the Animal Shelter of Northeast Nebraska.

In July 2023, McMill employees donated school supplies to the Salvation Army’s Stuff the Bus event. This event supplied students with new backpacks and basic school supplies. For more information on this annual event, please call the Salvation Army at 402-379-4663.

These documents will give your family guidance and comfort when they need it most. POWERS An advance directive or healthcare power of attorney is a legal document that provides loved ones and medical professionals a road map for your health care preferences should you ever be unable to make those decisions yourself. Appoint someone you […]

Before deciding to collect Social Security benefits, consider these tips to help you make an informed decision. TIMING MATTERS If you plan to continue working while receiving benefits, there are limits on how much you can earn each year between age 62 and full retirement age and still collect all your benefits However, once you […]

You’ll incur numerous costs to get your new business venture off the ground. But are all of them tax deductible? You may be surprised. GETTING STARTED Tax deductible business start-up costs include those incurred while creating an active trade or business and/or investigating the creation or acquisition of an active trade or business. Start-up cost […]

As potential threats loom large, we’re seeing articles in abundance, explaining where we’re at, how we got here, and what to expect next.  We wouldn’t be human if we didn’t share in your frustration over the maddening lack of resolution to date. It’s stressful to watch huge, consequential events unfolding, over which we have no […]

It’s hard, and often counterproductive to comment about breaking news while it’s still moving through the proverbial grinder … which is why we usually don’t do so. However, we feel it’s worth commenting on the current banking situation and how it affects long term results. Our Broad Advice Remains the Same As you know, we […]

The standard mileage rate has again increased for those deducting business miles. See the details below. Due to recent increases in the price of fuel, the IRS has increased the optional standard mileage rates for computing the deductible costs of operating an automobile for business purposes for 2023. However, the standard mileage rates for medical […]