New State Tax Laws for 2025

Continues to exempt state tax for overtime through June 30, 2025

• Added a childcare credit of up to 2K for eligible taxpayers

• Modified tax on remote workers such that if the employee is in the state for more than 7 days, only that work is taxable to NE

• Allow a one-year exemption from NE income tax for employees that move to NE and remain as a resident for more than 2 years. Income must be between 75-250K in the year of the election

Added an EV credit

Income tax now at a flat 3%

No longer taxes interest and dividends