Recent Updates To Nebraska Inheritance Tax Laws
Effective January 1, 2023, the modifications made by Nebraska's LB310, which was passed last year, have brought about several alterations to the state's inheritance tax regulations. These revisions encompass modified tax rates and exemptions, a subtle reclassification of beneficiaries, and the introduction of a new reporting obligation. Within the pages of the Nebraska CPA's May/June issue, James Tews and Nick O'Brien provide relevant insights into the Nebraska inheritance tax and concisely outline the recent adjustments. The article can be accessed in its entirety through the link below.