Nebraska Tax News

“The Good Life” Improves for Nebraska’s Retirees and Disabled Persons

“The Good Life” is becoming more attractive to Nebraska retirees. The Nebraska legislature has recently approved limiting Social Security and military retirement taxation for Nebraska purposes for tax years beginning January 1, 2015. Iowa has had similar tax breaks for several years, and now Nebraska is becoming more competitive.

Posted in DC Updates, Nebraska Tax | Comments Off on “The Good Life” Improves for Nebraska’s Retirees and Disabled Persons

Staying at Home with Nebraska’s Homestead Exemption

States often offer senior citizens, veterans and disabled taxpayers various tax savings opportunities. Nebraska tries to make home ownership more affordable for these taxpayers through the Homestead Exemption which reduces the real estate tax liability for qualifying taxpayers. The annual applications are accepted after February 1st and  before June 30th each year and affect the following year’s real estate tax liability. The eligibility qualifiers are

Posted in DC Updates, Nebraska Tax | Comments Off on Staying at Home with Nebraska’s Homestead Exemption
But it was targeted for defeat by several rural senators after two property tax relief proposals — rural Nebraska's top priority — stalled for the year. It was also the most heavily lobbied issue of ... [...]
Fri, May 24, 2019
Source: Nebraska Tax News
Public school districts account for about 60% of all property tax collections in Nebraska, said State Sen. Tom Briese of Albion. So, looking for and achieving school efficiencies are important in ... [...]
Fri, May 24, 2019
Source: Nebraska Tax News
Law360 (May 22, 2019, 4:15 PM EDT) -- Nebraska's property tax credit fund would receive a $50 million increase over the next budget biennium under a $9.3 billion, two-year budget package recently ... [...]
Fri, May 24, 2019
Source: Nebraska Tax News
LINCOLN, Neb. (AP) — A bill that would have lowered Nebraska's top corporate income tax rate is dead for the year but could return in the 2020 legislative session. The sponsor, Sen. Lou Ann Linehan, ... [...]
Thu, May 23, 2019
Source: Nebraska Tax News
LINCOLN, Neb. (WOWT) -- The last-minute push to pass a property tax-relief package stalled in the Nebraska Legislature this week. Supporters fell 10 votes short Wednesday and failed to overcome a ... [...]
Thu, May 23, 2019
Source: Nebraska Tax News
LINCOLN, Neb. (WOWT) -- The last-minute push to pass a property tax-relief package stalled in the Nebraska Legislature this week. Supporters fell 10 votes short Wednesday and failed to overcome a ... [...]
Thu, May 23, 2019
Source: Nebraska Tax News
LINCOLN, Neb. (AP) — A bill that would have lowered Nebraska's top corporate income tax rate is dead for the year but could return in the 2020 legislative session. The sponsor, Sen. Lou Ann Linehan, ... [...]
Thu, May 23, 2019
Source: Nebraska Tax News
LINCOLN, Neb. (AP) — A bill that would have lowered Nebraska's top corporate income tax rate is dead for the year but could return in the 2020 legislative session. The sponsor, Sen. Lou Ann Linehan, ... [...]
Thu, May 23, 2019
Source: Nebraska Tax News
The World-Herald's Statehouse reporters round up news highlights from the Legislature and state government into the Capitol Digest — a daily briefing for the political newshound with a busy schedule. ... [...]
Thu, May 23, 2019
Source: Nebraska Tax News
The World-Herald's Statehouse reporters round up news highlights from the Legislature and state government into the Capitol Digest — a daily briefing for the political newshound with a busy schedule. ... [...]
Thu, May 23, 2019
Source: Nebraska Tax News