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 of elections, present examples and next steps, and discuss the Corporate Transparency Act. Recorded 11/14/2023.
