Planning For College Pragmatically

Planning For College Pragmatically

Many parents have a goal of encouraging their kids to go to college. The dream of higher education is often a large driver in most parental decisions for their children…

March Retirement Plan Newsletter 2020

March Retirement Plan Newsletter 2020

This month’s retirement plan newsletter contains insights on Traditional Safe Harbor retirement plans, preventing uncashed retirement checks, secrets for retirement success, and more…

An Update on Lease Accounting Standards

An Update on Lease Accounting Standards

New nationwide accounting standards for leases are being phased in. Such standards are regulated by the Financial Accounting Standards Board (FASB), which initially…

Remaining Calm When Uncertainty Surrounds Us

Remaining Calm When Uncertainty Surrounds Us

First off, I am not a doctor so I am not going to try and discuss viral transmission rates, virology, mortality rates, or try to put COVID-19 into any analogy to make us feel better or worse. Perhaps it’s also true…

Quarter Four Middle Market M&A Report 2019

Quarter Four Middle Market M&A Report 2019

  LUTZ BUSINESS INSIGHTS  quarter four middle market m&a report 20192019 Proves To Be Another Strong Year For Sellers US deal volume trended upwards during the fourth quarter 2019, with volume rising 1.8% compared to the third quarter 2019. Overall, M&A volume...

Being Too Conservative Can Be a Risky Strategy

Being Too Conservative Can Be a Risky Strategy

It is generally accepted that when it comes to investing, there is a relationship between risk and returns. When done intelligently, increasing portfolio risk provides a corresponding increase to expected return…

Cost Reporting

Cost Reporting

Eligible Medicare bad debts can be claimed for reimbursement through the Medicare cost report. For Critical Access Hospitals (CAHs) the reimbursement percentage…

Password Management

Password Management

Few things are as irritating as having to think up new passwords. And just about every app and website you go these days require registering, which means creating a new password…

Can My Business Run Without Me?

Can My Business Run Without Me?

One of the main issues that we see in a business sale transaction is a lack of management depth. Meaning, without the business owner, the company couldn’t run properly…

Eyes Wide Open + Mitigating Risk

Eyes Wide Open + Mitigating Risk

Do you ever feel like you want to “bury your head in the sand” to protect yourself from predators, both physical and virtual ones?  I don’t blame you…

2020 Form W-4 and Form W-4N

2020 Form W-4 and Form W-4N

The 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions. A copy of the new form can be downloaded here…

5 Tax Tips for Manufacturers

5 Tax Tips for Manufacturers

The manufacturing industry creates millions of jobs for the citizens and pays billions of dollars in taxes to the government. In return, the IRS rewards manufacturers with numerous tax benefits…

Interviewing 101

Interviewing 101

Interviews are a necessary part of the job application process, but they can often feel like a lot of pressure. Even many experienced interviewees still struggle with this portion. The interview is often the first time you’ll meet…

Lutz Gives Back + 12 Days of Lutzmas 2019

Lutz Gives Back + 12 Days of Lutzmas 2019

The “12 Days of Lutzmas” is a unique tradition that is designed to provide our employees with 12 different opportunities to give back during the holiday season…

January Retirement Plan Newsletter 2020

January Retirement Plan Newsletter 2020

This month’s newsletter contains insights on financial wellness and productivity, improving your retirement plan, keeping beneficiary information updated, and more…

The Building Blocks for a Start-Up Business

The Building Blocks for a Start-Up Business

There are so many exciting things to do when starting a business – picking a name, designing a logo, creating a website, etc. Who wants to think about taxes or a business structure?..

2019 Nebraska State of Owner Readiness Report

2019 Nebraska State of Owner Readiness Report

Most business owners have 80 to 90% of their financial wealth locked in their business. Given the significance of this asset, a business owner’s ability to monetize this wealth in the future will…

Top 5 Cybersecurity Trends for 2020

Top 5 Cybersecurity Trends for 2020

The cybersecurity landscape is changing every day. With hackers devising new ways to target businesses, cybersecurity professionals are constantly finding new strategies to protect your enterprises…

Sales Tax and Reporting Requirement Updates

Sales Tax and Reporting Requirement Updates

Until 2018, the laws on sales tax stipulated that it was only applicable to companies with a physical presence inside the particular state. Simply put, companies were only required to collect taxes…

Financial Fitness for the New Year

Financial Fitness for the New Year

It’s no surprise the most popular New Year’s resolution is to exercise more. After all, the holidays are a time when maintaining a fitness routine is about as easy as navigating the mall parking lot…

Finding the True Value of Your Business

Finding the True Value of Your Business

In a recent survey of business owners, 56% of those surveyed thought they knew what their business was worth, yet only 18% had a valuation analysis prepared…

It’s Time to Review Your Personal Umbrella Policy

It’s Time to Review Your Personal Umbrella Policy

Don’t just think, “that will never happen to me.” That’s how one of my new clients recently responded when I asked the amount of her personal umbrella coverage. She sighed and then proceeded to tell me…

Lutz adds Coleman and Underberg

Lutz adds Coleman and Underberg

Lutz, a Nebraska-based business solutions firm, recently added Emily Coleman and Maddison Underberg to its Lincoln and Omaha offices…

A Beginner’s Guide to Purchasing a Workstation

A Beginner’s Guide to Purchasing a Workstation

In a world where we have technology in the palm of our hands, we can do most things without getting up. Even with this convenience, sometimes things are better or easier to do on a computer…

Quarter Three Middle Market M&A Report 2019

Quarter Three Middle Market M&A Report 2019

U.S. deal volume was strong during the third quarter 2019, with volume rising 1.6% compared to the second quarter 2019. Overall, M&A volume is up year-to-date from both 2018 and 2017…

2019 Year-End Tax Review for the Ag Industry

2019 Year-End Tax Review for the Ag Industry

Curtis Thompson, Lutz Tax Director, was recently featured in the Nebraska Cattleman Magazine, December 2019, Volume 75, Issue 10 on page 42, for an article about 2019 year-end tax reviews relating to the agriculture industry…

Direct vs. Indirect Costs in the Construction Industry

Direct vs. Indirect Costs in the Construction Industry

A new project manager at your construction company is consistently seeing margins deteriorate at the end of their construction projects.  The key question when confronting this situation is to determine if project…

How Does the Business Sale Process Work?

How Does the Business Sale Process Work?

The sale of a business is usually a long journey. Most business owners have never bought or sold a business and have no reference or understanding of what the sale process entails. For reference, The Exit Planning Institute…

4 Ways You Save Money When Working With an Accountant

4 Ways You Save Money When Working With an Accountant

Profitability is one of your primary business objectives. It not only gives your company a lifeline but also helps it to multiply. You might be doing all you can to cut down on your expenses, including maintaining…

New IRS Indexed Limits for 2020

New IRS Indexed Limits for 2020

The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in Notice 2019-59 (PDF)…

November Retirement Plan Newsletter 2019

November Retirement Plan Newsletter 2019

This month’s retirement plan newsletter contains insights on IRS tips for plan sponsors, reasons to outsource fiduciary services, financial wellness programs, and more…

Lutz adds 14 Staff Accountants

Lutz adds 14 Staff Accountants

Lutz, a Nebraska-based business solutions firm, recently added 14 staff accountants to its Omaha and Lincoln offices…

4 Reasons Why You Didn’t Get the Job

4 Reasons Why You Didn’t Get the Job

Finding a job is a tough process. It can be frustrating to apply for jobs and get rejected, or worse, to never hear anything back at all. There are many reasons why you may not have landed a job…

Spotting IT Risks Before They Become a Problem

Spotting IT Risks Before They Become a Problem

With technology being as vital as it is to business, staying ahead of your IT troubles is an essential step to keeping your doors open. Being proactive with your IT goes a long way to preventing breaches…

2019 OPPS + ASC Proposed Federal Registers

2019 OPPS + ASC Proposed Federal Registers

These highlights are by no means a comprehensive listing of all provisions within the OPPS Proposed Rule, but provide a listing of significant items applicable to multiple facilities…

Rural Health Funding Opportunities

Rural Health Funding Opportunities

The Health Resources and Services Administration (HRSA) and United States Department of Agriculture (USDA) have announced new grant opportunities available to rural hospitals. The grants listed below…

Telehealth and Telemedicine: What You Need to Know

Telehealth and Telemedicine: What You Need to Know

Telehealth and telemedicine have made it so providers and patients have a new way to communicate. Telehealth is defined as the provision of healthcare remotely by means of telecommunications technology…

Virtual Currency + Cryptocurrency

Virtual Currency + Cryptocurrency

The 2019 tax filing season is just around the corner and with that brings potential changes to tax compliance forms. It is anticipated that the IRS will be adding the following question to this year’s forms…

Understanding the Tax Implications of a Business Sale

Understanding the Tax Implications of a Business Sale

Most business sale transactions are structured as ‘asset sales.’ This is where the buyer sets up a new entity that acquires the assets of the selling business. How a business is structured can have significant…

Are We Headed for a Recession?

Are We Headed for a Recession?

Each morning I craft a Market Update email that I share with our advisors. This email provides commentary on what is happening in the markets and the economy. It includes data related to asset class…

October Retirement Plan Newsletter 2019

October Retirement Plan Newsletter 2019

This month’s newsletter contains insights on fiduciary services, auto-enrollment into retirement plans, ways to increase employee retirement contribution participation, and more…

Connecting Talent to the Right Opportunity

Connecting Talent to the Right Opportunity

The labor market is fragmented so much that most of us tend to settle for what comes our way. Often, when talent meets opportunity, it is bliss for both the job seeker and the employer. McKinsey Report shows that…

Family Philanthropy + Creating a Shared Legacy

Family Philanthropy + Creating a Shared Legacy

There’s no denying it: you feel good when you do good.  The brain stimulation that occurs from being charitable is credited for a variety of benefits, including reducing stress, feeling happier…

How Automating Payroll Will Change Your Life

How Automating Payroll Will Change Your Life

You didn’t start a business to learn about compliance with federal and state employee compensation rules. Yet here you are, wearing out your calculator twice a month as you try to stay current with tax tables…

Quarter Two Middle Market M&A Report 2019

Quarter Two Middle Market M&A Report 2019

Despite growing concerns over a potential economic slowdown, middle-market companies fared generally well in the second quarter. During the quarter there were 3,095 announced M&A transactions…

SIGN UP FOR OUR NEWSLETTERS!

We tap into the vast knowledge and experience within our organization to provide you with monthly content on topics and ideas that drive and challenge your company every day.

Toll-Free: 866.577.0780  |  Privacy Policy

All content © Lutz & Company, PC

OMAHA

13616 California Street, Suite 300

Omaha, NE 68154

P: 402.496.8800

HASTINGS

747 N Burlington Avenue, Suite 401

Hastings, NE 68901

P: 402.462.4154

LINCOLN 

115 Canopy Street, Suite 200

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850