News & Resources
News
S-Corp Compensation: How to Set “Reasonable Salary” and Avoid Red Flags
S-corporations are popular because they offer flexibility in how business owners take income: part wages, part distributions. When structured correctly, this approach can reduce payroll taxes and improve cash flow. When structured incorrectly, it can create...
Estimated Taxes 101 for Entrepreneurs: How to Avoid Surprises and Penalties
For many entrepreneurs, the first real tax surprise mainly comes from an unexpected IRS bill. One year you’re riding the high of finally working for yourself, the next you’re staring at penalties and interest because no one ever explained estimated taxes. This guide...
Nebraska Sales & Use Tax in 2026: Guide for Individuals & Small Businesses
Nebraska sales and use tax affects far more than traditional brick-and-mortar retailers. If you’re a service provider, online seller, or have a multichannel business, you may also have tax collection and reporting obligations depending on what you sell and where your...
Nebraska Income Taxes For Individuals & Small Businesses
Filing taxes in Nebraska shouldn’t be harder than it has to be. This guide breaks down how Nebraska taxes individuals and small business owners in 2025, including personal income tax rates, business entity taxation, who’s required to file, key credits and deductions,...
The Benefits of Outsourced CFO Services
Let’s define what an outsourced CFO does, discuss how these services benefit your firm, and compare the costs of outsourced CFO services to hiring a full-time CFO.
The Essential Guide to Financial Statements for Business Owners
Business owners need to stay on top of their cash flow, profitability, and liquidity to keep the business financially sound and make informed decisions. Financial statements are a tool for doing just that.
Nebraska State Income Tax Changes: What Businesses and Individuals Need to Know
Nebraska’s state income tax system is always evolving. Recently, legislators enacted several changes to the state’s tax code to boost economic competitiveness and attract businesses to the Cornhusker State.
GAAP Changes Effective for Calendar Year 2024
As companies prepare to issue their 2024 financial statements, it’s an excellent time to review new Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB) and effective for annual reporting periods beginning after December 15, 2023.
Moving from Cash-Basis to Accrual Accounting
In this guide, we’ll explain the key differences between cash and accrual accounting, consider the pros and cons of each, and outline the steps for making the transition when you’re ready.
The Essential Guide to Tax Planning for Business Owners
Paying taxes can be one of the most stressful duties of small business owners, but it’s also one of the most important. You need smart tax planning strategies to ensure a smooth fiscal year-end, comply with tax laws, minimize tax liabilities, and maximize growth.
How to Create an Internal Control System for Your Business
Every business has risks, and while some risk is unavoidable, most companies seek to manage risk (and comply with laws and regulations) by implementing internal controls.
A Business’ Guide to Research & Experimental (R&E) Expensing Changes
In recent years, lawmakers have significantly changed the treatment of Research & Experimental (R&E) expenditures for federal income tax purposes.
9 Cash Flow Management Strategies and Best Practices
Managing cash flow is crucial for business owners—especially during uncertain times. Effective cash flow management ensures stability and allows your business to meet its obligations and take advantage of opportunities.
Navigating the Complexities of Mergers & Acquisitions: A Step-by-Step M&A Guide for Small Business
This guide provides a structured approach to navigating the merger and acquisition process, from due diligence to post-merger integration. We also highlight some common pitfalls to avoid.
Boost Your Business’s Efficiency: The Power of Outsourced Accounting
The benefits of outsourced accounting far outweigh the potential downsides of cost and less control over financial data.
Guide to Complying with the Corporate Transparency Act
The Corporate Transparency Act (CTA), effective as of January 1, 2024, requires many U.S. businesses to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN).
Key Mistakes Businesses Should Avoid When Filing Their 2023 Taxes
Tax season is often a stressful time for many business owners. Given the many intricacies of the tax code, it’s easy to get lost in your planning.
First Steps to Starting a Business
Starting a small business involves many moving parts, and it can be challenging to keep track of everything. That’s where Percipio Business Advisors come in.

















