STATE BOARD REPORT RESETS FEES TO 2014 LEVELS THE NEBRASKA BOARD OF PUBLIC Accountancy, at its Sept. 9, 2022, meeting, approved a recommendation from its Executive Committee that permit and registration fees be returned to 2014 levels. The Executive Committee’s recommendation to return fees to 2014 levels, and the State Board’s subsequent approval, was based on information provided by staff, including projections regarding current revenues and projected expenses. Areas of focus include future expenditures for the recent engagement of a new database provider and the need to fairly compensate and retain current staff. The ability for the State Board to operate for nearly 10 years on a fee structure based on lowered fees from 2014 levels demonstrates the fiscally conservative nature of the current and past boards. Spending has remained relatively flat, if not decreasing at times, over the years but projections revealed it was time to return to 2014 fee levels. In accordance with regulations within Nebraska Administrative Code Title 288/Chapter 4, the State Board sets permit and registration fees annually. In addition, at its Nov. 10, 2022, meeting, the State Board clarified that the return in fees to 2014 levels begin Jan. 1, 2023. 2023 Fees SERVICE CURRENT FEE RESTORED FEE RESTORED FEE Initial Permits $100/$175 $125/$200 Active Biennial Permit Renewal $ 175 $ 200 Inactive Biennial Permits $ 70 $ 90 Reinstatement $ 175 $ 200 Certificate of Reciprocity $ 200 $ 400 Office Registration $ 25 $ 50 PC Permit to Practice $ 50 $ 100 LLC Permit to Practice $ 50 $ 100 LLP Permit to Practice $ 50 $ 100 Partnership Firm Permit $ 50 $ 100 Sole Proprietor Renewals $ 25 $ 50 LLC Certificate of Registration $ 25 $ 30 PC Certificate of Registration $ 25 $ 30 BY DAN SWEETWOOD, NEBRASKA BOARD OF PUBLIC ACCOUNTANCY STATE BOARD 10 Nebraska CPAs
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