28 12 C O N T E N T S 8 ©2023 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, 2023 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 6 Exploring New Pathways to CPA By Joni Sundquist, Nebraska Society of CPAs STATE BOARD REPORT 8 Changes Proposed to Assist CPA Candidates By Dan Sweetwood, Nebraska Board of Public Accountancy 10 Who Should Bear the Risk of Client Retention? By Accounting Practice Sales 12 Key Investment Tax Credit Provisions Affected by the Inflation Reduction Act, Including Updates on Transferability & Direct Pay By Tristin S. Taylor & Hannah Fischer Frey, Baird Holm LLP 15 2023 Revised School Districts Auditing & Reporting Reference Manual Available COUNSELOR'S CORNER 16 Nebraska Enacts Pass-Through Entity Tax Law By Jeff Schaffart & Nick Bjornson, Koley Jessen 19 Friday Night Tailgate Party 20 23rd Annual NESCPA Fall Conference 22 100% Membership Program Support the CPA Profession & Become a 100% Membership Organization Today! 24 2023 NESCPA Course Calendar STATE TAX BRIEFING 26 Resolving State Tax & Incentive Disputes Part 2: Sales & Use Tax Audits & Appeals By Nick Niemann & Matt Ottemann, McGrath North Law Firm 28 A Legacy of Learning Omaha Woman’s Field of Interest Fund Will Empower Children Through Experiential Learning By the Omaha Community Foundation 30 Members in the News 31 Firms in the News 33 In Memoriam 33 Welcome New Society Members!
RkJQdWJsaXNoZXIy ODQxMjUw