Quality Representation in Colorado and Nebraska

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(720) 943-1095   (308) 946-3071

  • The Corporate Transparency Act (“CTA”) is a federal law that was enacted in 2021 and became effective January 1, 2024. The CTA was created to reduce money laundering and bad acts by shell companies, by creating a database of beneficial ownership information for law enforcement to utilize when conducting its investigations. The CTA compels most limited liability companies, corporations, and other small entities, created or registered to do business by filing with a State Secretary of State to file a Beneficial Ownership Information (“BOI”) report to the United States Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”). Entities formed on or […]

  • Certain employers in the agricultural and farming industry are exempt from providing mandatory workers’ compensation insurance for their employees under the Nebraska Workers’ Compensation Act if they employ less than 10 full-time employees (other than family members). However, to benefit from this exemption, the law requires that any qualifying employer must affirmatively provide the following written notice to each and every employee at the time of his or her hiring, or at least 31 days prior to the date of such employee’s injury: “In this employment you will not be covered by the Nebraska Workers’ Compensation Act, and you will […]

  • When creating a new entity or opening a new business, there are a number of forms that need to be completed and registered with an appropriate government office. These forms can be confusing. Unfortunately, many not-so-honest companies take advantage of this confusion by sending new entities and businesses mailings that appear to be legitimate government forms. These mailings typically indicate that you need to send in a check immediately to complete the registration process or to avoid legal action. Do not get scammed by these fraudulent mailings. If you question the legitimacy of a mailing you receive, give our office a call […]

  • (As featured in the Nebraska Lawyer Magazine) By Carl Steffen1 At the ripe “old” age of 36, I have had the fortunate experience of seeing the Internet become the primary mode of information and also working with the spectrum of people who still enjoy using phone books and millennials who don’t even know what a phone book is. It’s safe to say the existence of “brick and mortar” companies is dwindling and, quite frankly, more and more people look to the Internet first for literally everything. I’ve worked for information technology shops and software development companies and currently own several […]

  • The topic of succession planning can be overwhelming.  Where do you start? What steps do you take? Rest assured that the process is not as daunting as it may seem. In reality, you can approach succession planning with one single hand.  Even with your phone or tablet in one hand, you have a hand left to assist you with planning. Reach out, pull in information and ideas, and stretch to consider expectations: Have you talked generally about succession planning with your family, friends, others involved in the same type of business, and lenders? Have you assembled your professional team to help you – an […]

  • If you give anything of value, whether cash, equipment, or land, to someone as a gift, you may wonder if you or the recipient will have any tax consequences.  If it is truly a “gift” and not payment for something, then generally there will not be an income tax consequence.  While you should consult your CPA or attorney, in general, the only tax that may be at issue is federal gift tax.  Many gifts are not subject to the gift tax.  Following are a few gift tax tips: 1. General rule. The general rule is that any gift is a […]