30 21 C O N T E N T S 12 ©2025 Nebraska Society of Certified Public Accountants | The newsLINK Group LLC. All rights reserved. The Nebraska CPA is published six times each year by The newsLINK Group LLC for the Nebraska Society of Certified Public Accountants and is the official publication for this society. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Nebraska Society of Certified Public Accountants, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. Nebraska CPA is a collective work and as such some articles are submitted by authors who are independent of the Nebraska Society of Certified Public Accountants. While the Nebraska CPA encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at (855) 747-4003. ISSUE 4, 2025 EDITORIAL: The Nebraska Society of CPAs seeks to reflect news and relevant information to Nebraska and other news and information of direct interest to members of the Nebraska Society of CPAs. Statement of fact and opinion are made on the responsibility of the authors alone and do not represent the opinion or endorsement of the Nebraska Society of CPAs. Articles may be reproduced with written permission only. ADVERTISEMENTS: The publication of advertisements does not necessarily represent endorsement of those products or services by the Nebraska Society of CPAs. The editor reserves the right to refuse any advertisement. SUBSCRIPTION: Subscription to the magazine, a bi-monthly publication, is included in membership fees to the Nebraska Society of CPAs. PRESIDENT’S MESSAGE 8 Building the Future of the Profession: Forward Together 2025-2026 Officers & Board Members Elected By Joni Sundquist, Nebraska Society of CPAs 10 2025-2026 Nebraska Society of CPAs Board of Directors 11 CPA Firm Regional Leadership Network STATE BOARD REPORT 12 A New Era of CPE Reporting for Nebraska CPAs By Heather Myers, Nebraska Board of Public Accountancy 14 Nebraska’s Alternative Pathway to CPA Licensure STATE TAX BRIEFING 16 The Impact of LB 644 on Existing Incentive Contracts—and What To Do Next By Nick Niemann & Matt Ottemann, McGrath North Law Firm 19 2025 NESCPA Course Calendar 21 Cybersecurity & Data Privacy Two Sides of the Same Coin By Robert L. Kardell, FBI (Ret.), JD, MBA, CPA, CISSP, GSEC, CFE, CFF, Baird Holm LLP, Omaha COUNSELOR’S CORNER 25 Nebraska’s New Paid Sick Time Law Explained By Katie Runge, Koley Jessen, Omaha 27 Aligning Values, Wealth & Impact Q&A With Susan Koesters, Senior VP, at D.A. Davidson By Omaha Community Foundation 29 Finish the Year Strong Help Clients Maximize 2025 Tax Savings With NEST 529 By Union Bank & Trust 30 7 Key Factors of Practice Value By Accounting Practice Sales TRANSFORMATION TRENDS 32 When CPAs Are Asked to Hide Their Credentials Ownership, Regulation & Public Trust By Donny C. Shimamoto, CPA, CITP, CGMA, Inspiration Architect, Center for Accounting Transformation 34 Building a FutureReady Workplace Attracting, Engaging & Retaining Younger Talent By Alexandria A. Romero, CPA, MPAcc, Galasso Learning Solutions 37 Welcome New Society Members 38 2025 NESCPA Advertiser Index ON THE COVER: Outgoing and incoming members of the NESCPA Board of Directors take a selfie at the August Board Retreat.
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