Publications

For many small businesses operating an active trade or business, an election to form an LLC taxed as an S Corporation makes the most sense. It has several advantages, including limited liability, only one level of taxation, and minimal corporate formalities and other legal maintenance requirements. When compared to an […]

On March 21, 2016, the Nebraska Legislature advanced LB 960, the Transportation Innovation Act (the “Act”), to Final Reading (the last of three rounds of floor debate). The Act creates a transportation infrastructure bank and several new programs to accelerate state and local roads projects. A $50 million transfer from […]

In 2013, Baird Holm introduced the Nebraska Job Creation and Mainstreet Revitalization Act (the “Act “), which the Nebraska Legislature enacted in 2014. The Act provides $15 million in tax credits for revitalization and rehabilitation of historically significant real property. During the current legislative session, the Legislature is considering amendments […]

Members of the Nebraska Legislature introduced over 100 legislative resolutions for interim studies thus far during the 2016 legislative session. Although March 29, 2016, was the last day a senator could introduce an interim study, each standing committee may introduce one additional study prior to adjournment sine die, which is […]

As you may recall, on September 7, 2015 (Labor Day), President Obama signed Executive Order 13706, which requires federal contractors to provide their employees with paid sick leave. On February 24, 2016, the Department of Labor (“DOL”) issued a Notice of Proposed Rulemaking (“NPRM”) implementing that Executive Order. The NPRM […]