16 C O N T E N T S 8 ©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 6, 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 Investing in the Future of Accounting $127,100 in Scholarships Awarded to 97 Nebraska College Students By Joni Sundquist, Nebraska Society of CPAs 11 Tax Tips for Nonprofit Fundraisers By Hannah Fischer Frey & Linnea Jorgenson, Baird Holm LLP COUNSELOR’S CORNER 14 When Fiduciaries Fail What CPAs Need to Know About Trustee Mismanagement By Minja Herian & Kaci Claborn, Koley Jessen TRANSFORMATION TRENDS 16 Tax Season Readiness Three Levers You Can Still Pull Before January By Donny Shimamoto, CPA, CITP, CGMA, Inspiration Architect, Center for Accounting Transformation 18 2025 Award Winners 22 2025-2026 NESCPA Scholarships 26 Support Future CPAs! 28 Congratulations, New CPA Certificate Holders! 29 Nebraska Society of CPAs Political Education Committee Shaping the Future for Nebraska CPAs 30 Who Are Your Future Stars? Let’s Keep the Best & Brightest in Nebraska 31 100% Membership Program Support the CPA Profession & Become a 100% Membership Organization Today! 32 100% Membership Firms 33 2025 NESCPA Advertiser Index 34 CPA Firm Regional Leadership Network
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