Nebraska Tax Credits May Have to Be Repaid Despite Pandemic (3)

Nebraska businesses may still have to repay unused tax credits despite the Covid-19 crisis. A group representing CPAs called for extending all state and local tax deadlines. Louisiana announced its oil and gas severance tax deadlines. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the coronavirus pandemic. For Wednesday’s coverage click here. Here’s a state-by-state roadmap.

Nebraska businesses that have laid off workers during the coronavirus crisis could be forced to repay tax credits and other incentives they have received through the state’s main business-incentive program, the state Department of Revenue said. ...