shutterstock_76893262-150x150

Gifts to Charity: Six Facts About Written Acknowledgements

Throughout the year, many taxpayers contribute money or gifts to qualified organizations eligible to receive tax-deductible charitable contributions. Taxpayers who plan to claim a charitable deduction on their tax return must do two things: • Have a bank record or written communication from a charity for any monetary contributions. • … Continue reading

Paper-Tidal-Wave-150x100

Nevada Commerce Tax Update and Details

For business entities or individuals registered with the Nevada Secretary of State that received a welcome letter in the mail see below: • The letter contains the pre-approved Nevada Tax access code needed to register your online account. -To create your online account, follow the instructions at http://tax.nv.gov/Commerce/NVTaxRegister/. • A … Continue reading

shutterstock_748142981-150x100

Nevada Commerce Tax

The Commerce Tax is an annual tax imposed on the Nevada gross revenue of each business entity engaged in business in the state. For purposes of this tax, a business entity also includes any person engaging in business in Nevada, which would include anyone receiving trade or business income, rental … Continue reading