Revenue Ruling 25-21-1 addressed the issue of how limited liability companies are treated for Nebraska income tax purposes.

In the January/February 2022 issue of the Nebraska CPA, Jeff Schaffart lays out the analysis and holding by the Nebraska Department of Revenue and the significance their ruling. 

View his article at the link below.

_{This content is made available for educational purposes only and to give you general information and a general understanding of the law, not to provide specific legal advice. By using this content, you understand there is no attorney-client relationship between you and the publisher. The content should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.}