It is well known that any debate in the Nevada Legislature over raising mining taxes has been a controversial topic since prospectors first struck gold in the 19th century. Previous efforts to raise the tax or reduce the ability of companies to deduct net proceeds have come up short. Opponents have argued successfully that any increase in the tax rate would severely … [Read more...] about Mining for Taxes
An issue that will only become more prevalent moving into the future, cybersecurity is something that affects everyone. From the grandfather that sends his social security check to a “prince” in Nigeria, to the CEO who finds her proprietary data held hostage by a cyber thief, no one is immune to online threats and scams. Business owners need to be especially careful as they … [Read more...] about Cyber Security
Accountants are among the most respected professionals in Nevada for their expertise and steady guidance. As businesses face turbulent times, this industry is working hard to stay on top of changing tax laws and implications for businesses with some of the new grants and loans available. Recently, CPA executives from across the state came together for a virtual … [Read more...] about Industry Focus
Most businesses, whether they know it or not, have the potential to generate unclaimed property and the associated obligations that come with it. What is Unclaimed Property? Unclaimed property is any financial asset that has been abandoned or unclaimed by the rightful owner for a specific period of time. Examples include: Bank accounts and contents of safe deposit … [Read more...] about What Is Unclaimed Property and Why Should You Care?
After the November 2018 election, Nevada saw a regime change in Carson City. The Silver State has a new governor and legislators, several of whom are inexperienced. This has led to a difficult legislative session which, many have said, has been more contentious than is typical. “We’re way behind,” explained Senator Keith Pickard, a republican member of the Nevada Senate … [Read more...] about Power Poll
An asset to any business, CPAs and accountants have a multitude of challenges when it comes to staying on top of new laws and advising their clients. Recently, executives representing this industry met at the Las Vegas office of City National Bank to talk about the changes they’ve seen recently and what is on the horizon. Connie Brennan, publisher and CEO of … [Read more...] about Industry Focus: CPAs
Planning for Business Taxes in 2017 Although Nevada has one of the most business-friendly tax environments in the U.S., business owners still have to contend with (and plan for) local, state and federal taxation. In addition, planning for taxes in 2017 is a task made much harder due to recent political and legislative changes. Not only is President Trump’s proposed tax reform … [Read more...] about Help Wanted: Fortune-teller
LAS VEGAS — Regional certified public accounting and business advisory firm Eide Bailly LLP’s presence in Las Vegas is growing this month with the addition of consulting firm JW Advisors and CPA Bryce Wisan. “There’s immense talent in Las Vegas, and we’re fortunate enough to welcome these well-known, respected professionals to Eide Bailly,” said Dave Stende, Eide Bailly … [Read more...] about JW Advisors, Bryce Wisan to Join Eide Bailly