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.

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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

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This year's case incorporated tax reform planning, challenging students to determine ... The other teams that participated were: Fordham University, University of Nebraska, North Carolina State Univer... [...]
Tue, Jan 22, 2019
Source: Nebraska Tax News
This is a 23 percent increase in property tax relief from this fund to all Nebraska property owners. If the Legislature approves my proposed budget, we will have doubled the amount of relief through t... [...]
Tue, Jan 22, 2019
Source: Nebraska Tax News
LINCOLN — After neglecting to pay a $588 tax bill, a Scottsbluff couple now stand to lose their $60,000 home — because of a state law that allows others to obtain properties by paying off someone else ... [...]
Tue, Jan 22, 2019
Source: Nebraska Tax News
and state and local tax revenue to the local community.” Milligan 1 Wind marks the first project for EDF Renewables in Nebraska. [...]
Tue, Jan 22, 2019
Source: Nebraska Tax News
A broad-based coalition of Nebraska ag and education groups is supporting legislation that would provide more than $700 million in property tax relief while protecting essential public services ... [...]
Mon, Jan 21, 2019
Source: Nebraska Tax News
Property taxes are a concern in cities as well as in rural Nebraska, McCollister said. But rural senators typically have led the way to gain relief in the Legislature, largely because of the ... [...]
Mon, Jan 21, 2019
Source: Nebraska Tax News
This is a 23 percent increase in property tax relief from this fund to all Nebraska property owners. If the Legislature approves my proposed budget, we will have increased the amount of relief deliver... [...]
Mon, Jan 21, 2019
Source: Nebraska Tax News
Last week, Nebraska Department of Corrections Director Scott Frakes ... to the conclusion of the most significant problem the state has, and that's property tax,” he said. “I'm hoping we can actually ... [...]
Mon, Jan 21, 2019
Source: Nebraska Tax News
On Jan. 14, Legal Aid filed on behalf of the Fairs, also naming Scotts Bluff County and the Nebraska Attorney Generals Office in a third party complaint, citing the delinquent tax process as unconstit... [...]
Mon, Jan 21, 2019
Source: Nebraska Tax News
If you are a Nebraskan reading this, you are most likely in the same state income tax bracket as Warren Buffett, Walter Scott and Gov. Pete Ricketts. Congratulations! Also, I'm sorry. I'm happy that y... [...]
Mon, Jan 21, 2019
Source: Nebraska Tax News