State and local tax news brought to you by Zaldivar and Associates
The Nebraska state sales and use tax rate is 5.5% (.055). Effective October 1, 2020, the following changes will be made for local sales and use tax rates: Ewing will start a 0.5% rate, Rising City will start a 1% rate, Davey, Dorchester, Milligan, Palmer, and Roca will each start Continue reading Nebraska- Several Communities to See Changes to Sales and Use Tax Rates
Nebraska state government had better-than-expected tax collections in March despite a surge in unemployment and widespread hardship caused by the new coronavirus, according to a report released Wednesday. The Nebraska Department of Revenue reported net tax collections of $380 million, Continue reading Nebraska- Tax collections up in March despite virus shutdowns
Sen. Steve Erdman’s wants to get rid of the income tax, property tax, sales tax, and inheritance tax. Some Nebraska lawmakers like his alternative because it would make taxes more affordable for rural Nebraskans. Three Nebraska lawmakers, led by Erdman, Continue reading Nebraska – State Sen. Steve Erdman Pushes to Overhaul Nebraska Tax System
Sen. Tom Briese of Albion on Wednesday urged the Legislature’s Revenue Committee to consider a tax policy trade-off that would eliminate Nebraska’s dozens of sales tax exemptions on services in exchange for a lower sales tax rate. That would update Continue reading Nebraska – Plan Would Lower Sales Tax Rate, Eliminate Exemptions On Services
Sen. Tom Briese of Albion on Wednesday urged the Legislature’s Revenue Committee to consider a tax policy trade-off that would eliminate Nebraska’s dozens of sales tax exemptions on services in exchange for a lower sales tax rate. That would update Continue reading Nebraska – Plan Would Lower Nebraska Sales Tax Rate, Eliminate Exemptions On Services
If Nebraskans can’t agree on reforming their current income, sales or property taxes, state Sen. Steve Erdman of Bayard has a sweeping answer: Get rid of them all. Income and property taxes in Nebraska would be abolished — and the Continue reading Nebraska – Sen. Erdman’s Proposal: Get Rid Of Property, Income Tax And Replace Sales Tax With ‘Consumption Tax’
LINCOLN, Neb. (AP) — Nebraska state government once again collected more tax revenue than expected last month. The Nebraska Department of Revenue reported Friday that the state received a net of $290 million in October, which is nearly 9% higher Continue reading Nebraska – State Tax Collections Exceed Projections In October
Nebraska state government once again collected more tax revenue than expected last month. The Nebraska Department of Revenue reported Friday that the state received a net of $290 million in October, which is nearly 9% higher than the $266 million Continue reading Nebraska – State Tax Collections Exceed Projections In October
From the Nebraska Department of Revenue Daily Digest Bulletin: The Department of Revenue announces that effective October 1, 2019, the Sales Tax Rate Finder will be provided through a partnership with the Nebraska Geographic Information Office (GIO). The new Sales Continue reading Nebraska – New Sales Tax Rate Finder for State
LINCOLN, Neb. (AP) — A Nebraska county that owes more than $30 million to six people wrongfully convicted of murder has approved a new half-cent sales tax to help pay the legal judgment. The Gage County Board of Supervisors voted Continue reading Nebraska – County OKs Sales Tax To Pay Wrongfully Convicted