Knudsen Law Blog Posts

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Nebraska Homestead Increased to $120,000

By:  Trev E. Peterson The Legislature passed LB 1195 which included amendments increasing the homestead exemption from $60,000 to $120,000.  The bill was passed without the emergency clause, so the increase in the homestead exemption will be effective on July 18, 2024, which is three months after the Legislature adjourned.  The homestead exemption protects equity [...]

April 25th, 2024|Uncategorized|

FinCEN Issues Final Regulations under Corporate Transparency Act

On September 29, 2022 FinCEN issued the final rules for beneficial ownership reporting under the Corporate Transparency Act. Please see the earlier blogs regarding the CTA and I will post a series of blogs regarding the new rules.The effective date of the regulations for reporting is January 1, 2024. No reports can be filed before [...]

October 7th, 2022|Uncategorized|

Chuck Wilbrand to Present for NE Chamber

The NE Chamber is joining forces with hr|simple and fellow chamber member Knudsen Law Firm to discuss best practices in creating and updating employee handbooks and provisions that an employee handbook must contain. This webinar is appropriate for businesses of all sizes and will address topics such as: COVID-19 testing and accommodation remote work and [...]

September 15th, 2022|Uncategorized|

Employer Vaccination Policy – Employee Exemptions

On February 25, 2022, the Nebraska Legislature passed LB 906, which took effect immediately when Governor Pete Ricketts signed the bill on February 28, 2022. Under LB 906, if an employer subject to Nebraska law requires its employees or applicants to be vaccinated against COVID-19, it must also allow employees to claim a health or [...]

March 15th, 2022|Uncategorized|

CORPORATE TRANSPARENCY ACT BLOG SERIES by Trev E. Peterson

This series of blogs in in connection with the Corporate Transparency Act (the “CTA”). In December of 2021 regulations were issued by the Federal Crimes Enforcement Network (“FinCEN”), which is the agency charged with enforcing the CTA. Each year about 2 million LLC’s and corporations are formed under state law. Most states, including Nebraska, do [...]

January 5th, 2022|Uncategorized|

IT IS BIENNIAL REPORT TIME by Trev E. Peterson

Nebraska law requires that corporations file biennial occupation tax reports and pay an occupation tax in even numbered years in order to maintain their legal existence. This year, business corporation returns are due. If the return is not filed and the fee paid by March 1, 2020, the corporation will be dissolved on April 15, [...]

January 4th, 2022|Uncategorized|

Free Workshop–What’s Involved in Starting a Small Business?

Attorney Carly Bahramzad will speak at a SCORE workshop titled, "What's Involved in Starting a Small Business?"  The workshop will be held on Saturday, Dec. 11th, 2021.  There is no fee to attend. Please find additional details and how to register here:  https://www.score.org/event/whats-involved-starting-small-business-1   

November 24th, 2021|Uncategorized|