SP Group, P.C.

Meet Austin, our public accounting AND dog whisperer!

As a CPA, he specializes in auditing and assurance services, tax preparation and hole-in-ones. 🙂

Find out what place in history Austin would like to visit and meet more of our team at https://bit.ly/3wW5sO5.

Want to align going back to work with your kids going back to school?

We offer full-time AND part-time Certified Public Accountant opportunities.

Let’s talk about the benefits of being on our team (and what you packed in their lunchbox).

Apply now at https://bit.ly/3T4BKNY

Every step of the way, we’re here for you!

“Bringing in SP Group was one of our first moves as a company. As we’ve grown, they have been with us every step of the way with advice and answers to any questions that come up. SP Group is always responsive any time of the year with outstanding customer service.” - Joel Makovicka, Makovicka Physical Therapy

Let us help you with your tax planning, tax prep and business support needs.

Contact us today at https://bit.ly/4bhzlGB.

Let’s grow your financial future, together!

Get the friendly, hassle-free tax services and business support you deserve.

We help people reach their goals so they can focus on living a rich life.

See our services at https://bit.ly/3P2twV4

P.S. You may have seen these heartfelt words of Robert E. Swan that grace our wall.

They are just too “rich” not to share again and again.

Disney has made exceptional customer service a top priority since it’s inception. And so have we.

We’re thankful Amanda Largis brings this wildly exceptional service to our clients from her time at Disney’s Animal Kingdom in Orlando.

Find out what’s on Amanda’s “bucket list” and see more of our team at https://bit.ly/3wW5sO5.

Are you a CPA who’s looking to join an unconventional accounting firm?
Our performance focus is on the project goals of the team rather than “minimum billable hour requirements.”
Let’s talk about the competitive benefits of being on our team. Apply now at https://bit.ly/3T4BKNY

We’re here to make your life easier and here’s proof that we can…

“As a small business owner, one of the last things I want to worry about is taxes. SP Group helps me understand and is very quick to respond to questions - making the whole process significantly less stressful. Thanks again, you have made my life easier!” -Jay McConnell, D.D.S of Endodontics, P.C.

You’re welcome, Jay! :)

Let us help you with your tax planning, tax prep and business support service needs.

Contact us today at https://bit.ly/4bhzlGB.



://www.facebook.com/pages/Endodontics-PC-Jay-C-Mcconnell-DDS/281933358641689

Let’s make your financial future pop!

Tax planning is a great step toward achieving financial independence, giving you the freedom to make the
best use of your time to pursue life’s goals and dreams.

Our experts are ready to help you manage and plan for your tax liabilities and financial future.

Let’s get started. Schedule a meeting with us at
https://bit.ly/4bhzlGB.

You may have seen these heartfelt words of Robert E. Swan (Dave’s dad) that grace our wall.

They are just too “rich” not to share again and again…

“First, I was born the eldest of a family of three to Frank and Alma Swan. When my brother was nine years old, we all had a bad case of scarlet fever and my brother, Russel, died. Dorothy and I grew up together on the farm. We weathered the Depression years of the 1930’s together. It was a close-knit family. What great wealth can a person have than a close family.”

We believe in the wealth of good relationships. Let us know how we can help you and your family reach your financial and life goals. See our services at https://bit.ly/3P2twV4

Have you met Abbie? She’s the warm and friendly person that greets you when you step through our doors.

She the perfect fit for our Director of First Impressions. Her smile and laugh are infectious, as well as her unwavering desire to make everyone feel welcome and truly cared for.

Find out what’s on Abbie’s “bucket list” and see more of our team at https://bit.ly/3wW5sO5.

Do you have a CPA license and 2+ years of tax or accounting experience?

We’re looking for CPAs to work independently in an environment built on trust rather than “metrics.”

Let’s talk about the competitive benefits of joining our team. Apply now at https://bit.ly/3T4BKNY

With tax season behind us, our focus is still on YOU and your business.

In addition to tax prep, we provide these business support and tax planning services.
• Financial Statements
• Bookkeeping
• Payroll & Sales Tax Services
• Cash Flow & Budgeting Analysis
• Business Succession Planning

Let’s talk about how we can help you beyond your tax return.

Contact us today at https://spgrouppc.com/contact/

Did you know there’s a career fair just for accounting and finance students?

It’s called “Meet the Firms” – and we call it meet our next brightest interns.

Thanks to Beta Alpha Psi for hosting this great networking event. See you next fall!

Interested in joining our team of interns or full-time staff?

Apply Now at https://bit.ly/3T4BKNY

Lucky YOU! Our whole team is working on your tax prep, so you don’t have to.

No shenanigans – just straight up good accounting to ensure your pot of gold is as full as it can be.

Put our expertise to work for you. See all our services at https://bit.ly/3P2twV4

Our interns sure do appreciate the extra day to LEAP into your tax prep!

In fact, they’ve been on a roll ever since the tax season kick off at 48 Bowl.

Interested in joining us as an intern or full-time staff?

Apply Now at https://bit.ly/3T4BKNY

Wishing All A Happy Holiday Season

May your holiday season be warm and spent in the company of family and friends. We look forward to the new year and wish you good health and prosperity in 2024.

Please note, our office will be CLOSED on the following dates:
Monday, December 25
Monday, January 1

SP Group Team

Nebraska Businesses - Watch for Unemployment Tax Rate Changes for 2024

If your -based has employees, you've likely received a Combined Tax Rate Notice from the Nebraska Department of Labor. These go out around December 1st and notify of their state for the coming year.

Some employers will also receive a Voluntary Contribution Notice with the Combined Tax Rate Notice. This Voluntary Contribution Notice provides an opportunity for the employer to make a special payment to the Nebraska Department of Labor to “buy” a lower tax rate for the new year. Employers should proceed with caution before making the special payment. In some instances, the lower rate is worth the cost of the special payment, but often it is not.

The special payment for the lower tax rate is due by January 10th, 2024.
Nebraska Department of Labor

Real and Personal
Statements are Arriving Soon!

County treasurers in Nebraska will be mailing 2023 property tax statements in early December. Homeowners and business owners should be on the lookout for these statements and know what to do with this information.



If you are homeowner or own other real property in Nebraska, your Real Estate Tax statement shows the assessed value of your property and the amount of property tax due for 2023. If you have a mortgage on your property, your lender will be sent a copy of this statement and will handle your property taxes through payments from your mortgage escrow account. Real estate taxes are due and payable every year by December 31st, but Nebraska state statute allows for two half payments to be paid by April 1st and August 1st of the following year without being considered delinquent or with any interest assessed.



If you are business owner in Nebraska and have personal property (i.e. depreciable tangible property used in your business), you will be sent a Personal Property Statement in early December showing the amount of 2023 property tax due. Like real estate taxes in Nebraska, personal property taxes can be paid in two halves by April 1st and August 1st of the following year. Unlike real estate taxes for homeowners that are often handled by a mortgage lender, the business owner bears the responsibility to make sure these taxes are paid. If you want to avoid the possibility of forgetting to make these two half payments in 2024, simply remit the full amount of tax due as soon as you receive the bill in December. It will be a deductible expense for your business in the current year.

A Time to Give Thanks

We have much to be thankful for at SP Group as the end of 2023 draws near. The bedrock of our firm is the relationships we have developed over the past 20 years and we want you to know we never take those for granted.

In this season of gratitude, we give thanks for all of our clients, family, and friends that have journeyed with us over the years. May you take this holiday season to gather around loved ones and be grateful for all our abundant blessings.

Our office will be closed on Thanksgiving Day and also on Friday, November 24th, so that our team may enjoy the holiday with family and friends.

Wishing all a safe and happy holiday!

The SP Group Team

Honoring all who served
With respect, honor and gratitude-THANK YOU for the sacrifices that you and your families made for our freedom.

End of Year Business Spending
"Time to Evaluate"

At the end of the fiscal year, it is in your best interest to engage in strategic spending to optimize your financial position and tax liabilities. This often involves investing in necessary equipment, technology upgrades or infrastructure improvements that can be deducted as business expenses, thereby reducing taxable income. Additionally, businesses may choose to reward employees with bonuses or offer end-of-year incentives to boost morale and retain talent.

However, it’s crucial for organizations to strike a balance between prudent spending and avoiding unnecessary expenditures, ensuring that each investment aligns with their long-term goals and complies with relevant tax regulations and reporting requirements. This end-of-year spending strategy can help businesses both manage their tax liability and position themselves for growth in the coming year.

Chris Robinett, CPA, answers the question, " What will you use in the next 12 months?" Click to read the full story.
Strictly Business Magazine

End of Year Business Spending in Lincoln - November 2023 At the end of the fiscal year, it is in your best interest to engage in strategic spending to optimize your financial position and tax ...

What You Can Do To Avoid
Employee Retention Credit (ERC) Scams

The shared new steps the agency is taking to prevent honest taxpayers from falling victim to Employee Retention Credit (ERC) scams. The IRS continues to warn small businesses about aggressive promoters encouraging filing potentially ineligible claims. The IRS urges small businesses to check with your trusted tax professional about ERC instead of relying on a promotion company.

The steps include a moratorium on processing new ERC claims through at least the year’s end to prevent further abuse from predatory promoters using the ERC to scam businesses and organizations. Special withdrawal options and settlement initiatives are being prepared to help businesses that have been misled into claim the ERC. In addition, the IRS understands the valuable impact of the ERC credit and is working to process valid ERC claims filed before the moratorium, but with increased scrutiny.

New resources to help businesses navigate complex ERC
• Special eligibility checklist. The IRS created a new ERC eligibility checklist that provides a quick, high-level way for employers to figure out if they might qualify to claim the ERC or if they potentially need to resolve an improper claim. Given that some small businesses may have been misled by aggressive promoters, this checklist is an important reference tool to use along with checking with a trusted tax professional.
• New FAQs. The IRS also updated the Frequently asked questions about ERC with new questions and answers.

Be aware of the warning signs of aggressive promotion for the ERC. Aggressive tactics are a red flag.

Be sure to check IRS.gov/ERC for updates and ways to report a scam involving ERC, which is also sometimes called the Employee Retention Tax Credit or ERTC.

Employee Retention Credit | Internal Revenue Service The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50% of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021.

College Recruiting Season in Full Force

Strictly Business Magazine
Erica Vossler Kim Miller

SP Group P.C. Begins College Recruiting September brings the first signs of fall, football games, leaves turning vibrant colors, back-to-school and for SP Group, P.C., it’s the...

Team Members Attend SOAR Conference

Team Members and CPA's Dave Swan, Erica Vossler and Austin Zimmerman recently attended the Woodard Scaling New Heights (SOAR) conference held in St. Louis, Missouri, on June 25-28. The annual conference is one of the largest gatherings of and in the country.

During the conference, a variety of breakout sessions were available, covering topics including business coaching, technical accounting training, technology consulting, and practice management. In addition, the group attended keynote speakers each day, including Amelia Rose Earhart, who in honor of her namesake became the youngest woman to fly around the world in a single-engine aircraft in June 2014.

The conference provided Dave, Erica and Austin with a distinct opportunity to with other accounting professionals and learn from their unique perspectives and experiences. In all, the goal was to help SP Group, P.C., stay on the cutting edge of developments in the accounting industry and continue to grow our practice in a well-reasoned and sustainable manner.

As we continue to strive to be an expanding entrepreneurial accounting firm that serves growth-oriented companies and talented individuals in the Midwest and beyond, attendance at the 2023 SOAR conference demonstrates our commitment to professional development and offering the best technology and knowledge-based solutions for our clients.
Strictly Business Magazine

SP Group Team Attends SOAR Conference SP Group, P.C.’s Dave Swan, Erica Vossler and Austin Zimmerman recently attended the Woodard Scaling New Heights (SOAR) conference...

3rd Quarter Estimated Tax Payments are DUE September 15th
A quick reminder that third quarter 2023 federal and Nebraska estimated tax payments are due Friday, September 15th.
To make a federal estimated tax payment online:
https://www.irs.gov/payments
To make a Nebraska estimated tax payment online:
https://revenue.nebraska.gov/individ.../estimated-income-tax

Buying a Business

Are you considering the exciting opportunity of ? Taking the leap into is a thrilling and potentially rewarding venture. Whether you’re a seasoned or a passionate individual looking to make your mark in the business world, the prospect of buying a business presents a myriad of advantages and opportunities. Buying a business is an emotional, overwhelming decision. It can be difficult to cover all your bases when you feel pressure to make all the right decisions for your future. As such, it is important to have a team of trusted who know the right questions to ask and that will provide an objective opinion. To help you get a better understanding of buying a business, Austin Zimmerman, , helps you get the you need.

Strictly Business Magazine

Buying a Business in Lincoln - August 2023 Are you considering the exciting opportunity of buying a business? Taking the leap into entrepreneurship is a thrilling and potentially...

https://strictly-business.com/star-city-six/troy-stentz-sp-group-p-c/
Recently, Troy Stentz, EA, was selected as one of Lincoln's "Star City 6" by Strictly Business Magazine. We are excited to take this opportunity to "spotlight" Troy. Take a moment to get to know him.

Troy Stentz - SP Group, P.C. Meet Troy Stentz, EA, director of operations at SP Group, P.C. (www.spgrouppc.com)

Kicked Off Summer With "Bikes and Beers"

There’s no better time than summer to get back in shape after tax season, so why not hit the Lincoln trail system to do just that? Our "Summer Bikes and Beers" kicked off in July when team members took their bikes to the Jamaica South Trail. Stopped at Roca Tavern and Corn Coast Brewing

August "Bikes and Beers" headed north to Saro Cider and The Grapevine Bar

September is in the works...

Mark Chapin Darin Petersen Troy Stentz Kelly Mendenhall Barada Amy Windle Rachel Clymer Jessica Fairbanks

SP Group, P.C. Kicked Off Summer Bikes and Beers There’s no better time than summer to get back in shape after tax season, so why not hit the Lincoln trail system to do just that?

Pass-Through Entity Tax (PTET)

On May 31, 2023, Governor Jim Pillen signed LB754 into law. LB754 created a Pass-Through Entity Tax (PTET) for the state of Nebraska, for tax years 2023 and beyond, as well as a retroactive amendment for 2018-2022. This new law allows a pass-through entity (S-Corporation or Partnership) to pay the state income tax liability on behalf of its shareholders or partners and deduct those payments in full at the entity level. As of this summer, 36 states have passed PTET legislation with four others pending legislation.

Nebraska’s legislation directed the state department of revenue to develop forms and the necessary rules and instructions for the PTET. At this time, those details are not yet available but are expected later this year and into next year. Nebraska taxpayers will have until December 31, 2025, to claim retroactive credits for 2018-2022.

For many S-corporation shareholders and partnership partners, these changes could result in tax savings.

Our office will be CLOSED:
Tuesday, July 4th

Our office will be OPEN:
Monday, July 3rd
Wednesday, July 5th

Wishing all a safe and happy weekend with your family and friends.

on the 4th of July!
Bold , bright , brave .