tax
Board Rejects Proposal To Seek State Funding To Subsidize Nevada’s Health Insurance Exchange
Submitted by Editor on Thu, 08/16/2012 - 1:57pmCARSON CITY – A board overseeing the creation of the state’s health insurance exchange opted today not to seek general fund support to subsidize the fees charged to participants in the program.
The Finance and Sustainability Advisory Subcommittee of the Silver State Health Insurance Exchange Board had proposed subsidizing the monthly fee paid by enrollees with a general fund appropriation from the state Insurance Premium Tax.
Incline Village tax revolt group praises latest Nevada Supreme Court ruling
Submitted by Anonymous on Tue, 08/14/2012 - 10:02amINCLINE VILLAGE, Nev. - Yet another decision by the Nevada Supreme Court has all-but assured Washoe County will pay back the $43 million it owes Lake Tahoe property owners, the leader of the commun...
Letter to the editor: Extending tax cuts won't help America
Submitted by Anonymous on Fri, 08/10/2012 - 6:00amOur U.S. House Rep. Tom McClintock just voted to extend the Bush tax cuts for the wealthy. As our economy continues to struggle, the federal debt increases and middle class Americans are losing job...
Clean Energy Summit Sparks Political Events, Debate Over Government Role In Renewables
Submitted by Editor on Tue, 08/07/2012 - 6:11amCARSON CITY — With U.S. Sen. Harry Reid’s 5th annual National Clean Energy Summit set to kick off today in Las Vegas, the debate over alternative energy development and the government’s role in its future rages on.
Study: Nevada’s tax system means fewer specific incentives for businesses
Submitted by admin on Sun, 08/05/2012 - 6:00pmWhere to buy a Lake Tahoe home...Nevada or California?
Submitted by Anonymous on Thu, 08/02/2012 - 3:54pmJust a few years ago home buyers were choosing the Nevada side over the California side when looking for a Lake Tahoe home to purchase. Taxes were lower and schools were better so Nevada was more attractive. But is that still the feeling? There's good news, and bad news, depending on which neighborhood/state you're set on owning a home in.
Shining Example of Schools in South Lake Tahoe, Calif.
Nevada Economic Board Signs Off On Apple Tax Breaks But Finds Oversight Authority Limited Under New Law
Submitted by Editor on Wed, 08/01/2012 - 6:56pmCARSON CITY – The state Board of Economic Development Wednesday unanimously signed off on a package of tax breaks to bring Apple to Reno, but the panel found it had little authority over the deal reached after several months of closed-door negotiations.
Report Evaluates Success Of Incentives In Western States, Finds Fewer In Nevada Due To Tax Structure
Submitted by Editor on Wed, 08/01/2012 - 3:52pmCARSON CITY — A new report from The Council of State Governments exploring the successes that 13 Western states have had with tax incentives to encourage economic growth found that Nevada has fewer such programs in large part because of its tax structure.
California imposes fire fee on some Lake Tahoe area residents
Submitted by Editor on Wed, 08/01/2012 - 3:00pmA California-imposed fire prevention fee on property owners will be issued for El Dorado County residents including those living in rural areas around South Lake Tahoe, officials said Wednesday.
Letter to the editor: Romney's background doesn't make him qualified to run a country
Submitted by Anonymous on Fri, 07/27/2012 - 6:00amMitt Romney claims he is qualified to be president because he learned through business experience how to create jobs. Based on his tax plan, that means he will cut corporate taxes and drastically r...
Property tax assessments decline modestly in El Dorado, Placer counties
Submitted by admin on Thu, 07/19/2012 - 12:45pmDouglas County's financial practices rated 'Strong' by Standard and Poor's
Submitted by Editor on Wed, 07/11/2012 - 4:07amDouglas County’s financial management practices were recently rated “strong” by Standard and Poor’s (S&P) Rating Services.
As part of its rating, S&P stated that the highlights of the County’s management techniques are its formal financial policies, utilizing external and internal resources for budget assumptions, and engaging in multi-year financial planning, including a new five-year forecast the County created this year, according to a news release issued by Douglas County.
Nevada Lawmaker Takes Aim Again At Fast-Food Sales In Effort To Combat Obesity
Submitted by Editor on Mon, 07/02/2012 - 6:12pmCARSON CITY – Assemblyman Harvey Munford, D-Las Vegas, said today he will try again with a bill in the 2013 session to impose a fee on some items sold at fast-food restaurants in an effort to help combat the national obesity epidemic.
New California budget crafted to influence voters
Submitted by Anonymous on Fri, 06/29/2012 - 11:29amSACRAMENTO, Calif. (AP) - Gov. Jerry Brown and Democratic lawmakers have long warned of dire consequences if California voters reject a proposed tax hike on the November ballot. In adopting a $91.3...
Governor Sandoval defends secrecy, tax breaks needed to lure Apple to Northern Nevada
Submitted by Editor on Thu, 06/28/2012 - 4:55pmCARSON CITY – Gov. Brian Sandoval on Thursday defended the secretive process that led to a decision by Apple to build a data center and related facilities in the Reno area that will bring $1 billion in investment to the area over the next decade.
RGJ: Apple looks at Northern Nevada to invest $1 billion in facilities
Submitted by Editor on Tue, 06/26/2012 - 12:00pmThe Reno Gazette-Journal is reporting that Apple is planning on opening a data center east of Sparks and a business and purchasing center in downtown Reno, part of a $1 billion investment the company plans to spend in Northern Nevada over the next 10 years.
The deal includes tax abatements from the city and state, including sales and property tax. The Reno City Council will consider the deal on Wednesday.
Thunderbird Lodge at Lake Tahoe among several Nevada Tourism grant winners
Submitted by Editor on Wed, 06/20/2012 - 6:45pmNeeded improvements at the Thunderbird Lodge got a lift on Wednesday when the Nevada Commission on Tourism announced the Lake Tahoe site was among several to win an improvement project grant.
Grants were awarded to 19 different projects. The announcement was made by Nevada Lt. Gov. Brian Krolicki.
NCOT's Projects Relating to Tourism Grants program help fund infrastructure improvements that will attract visitors, and after a temporary suspension due to a decline in tourism revenues, the grants were reinstated this year.
California tobacco tax trails by razor-thin margin
Submitted by Anonymous on Wed, 06/20/2012 - 11:27amSACRAMENTO, Calif. (AP) - Two weeks after California elections, a closely watched effort to impose a new tax on tobacco in the nation's most populous state remains too close to call.With 400,000 ba...
Exploring new ways to fund transportation projects and road repair
Submitted by Editor on Wed, 06/13/2012 - 3:07pmTransportation projects are not always about new capacity for automobiles and trucks. Transportation projects may include improvements for, airports, railroads, mass transit, bike lanes and walking paths. These projects are often constructed to help environmental impact, provide for better safety and more economical ways for people to do there business or pleasure.
US states forecast highest tax revenue in 5 years
Submitted by Anonymous on Tue, 06/12/2012 - 10:15amWASHINGTON (AP) - U.S. states expect to collect higher tax revenue in the coming budget year that combined would top pre-recession levels, according to a survey released Tuesday. The increase could...
Opinion: June Skibum
Submitted by Anonymous on Sat, 06/09/2012 - 8:33pmLoop road poop road, you do realize that the state is going to do what they want, how they want and when they want with concerns to the Loop road. This is probably the best chance we have to get out of our financial obligation with regards to pensions, healthcare, unsound financial decisions, raising taxes, giving away the keys to the city to every con artist around and quite possibly the clap.
Election results: Voters approve Measure B
Submitted by Anonymous on Fri, 06/08/2012 - 6:00amMeasure B, which changes South Lake Tahoe's business license tax structure, appears headed for approval by voters.The measure received 55.23 percent approval - 924 votes to 749 - by those who voted...
Nevada Business Margin Tax Initiative Petition Filed, Legal Challenge Expected
Submitted by Editor on Wed, 06/06/2012 - 4:59pmCARSON CITY – A business margin tax initiative petition filed with the Secretary of State’s office won’t see signature gathering efforts start right away because a legal challenge to the proposal is expected, a teachers union official said today.
Calif. voters split on tax targeted by Big Tobacco
Submitted by Anonymous on Wed, 06/06/2012 - 10:48amLOS ANGELES (AP) - A California initiative to raise the tax on tobacco products was losing early Wednesday but the vote was still too close to call because hundreds of thousands of ballots potentia...
Measure B headed for approval
Submitted by Anonymous on Wed, 06/06/2012 - 9:38amSOUTH LAKE TAHOE, Calif. - Measure B, which changes South Lake Tahoe's business license tax structure, appears headed for approval by voters.The measure has received 55.23% approval - 924 to 749 - ...
El Dorado, Placer voters pass tax measures; not all supervisorial incumbents win
Submitted by admin on Wed, 06/06/2012 - 1:18amProposed Nevada business profits tax to support public education expected to be filed
Submitted by Editor on Tue, 06/05/2012 - 8:05pmCARSON CITY – A proposal seeking to implement a business profits tax in Nevada to support public education will be filed with the Secretary of State’s office on Wednesday.
Supported by the state teachers union and the AFL-CIO, if the groups can collect 72,352 signatures by November 13, the issue of taxes will be dumped squarely in the laps of state lawmakers in 2013.
Opinion: South Tahoe Chamber of Commerce: Vote NO on Measure B
Submitted by Editor on Mon, 06/04/2012 - 4:18pmThe South Tahoe Chamber of Commerce opposes the increase in taxes for business owners.
Measure B proposes assessing greater fees based on the number of employees and gross receipts without the perspective of costs. To tax on gross without allowances for costs is not a “fair tax.”
Barton Foundation’s 18th annual Golf Tournament
Submitted by Editor on Mon, 06/04/2012 - 1:31amTee up for health at Barton Foundation’s 18th annual Golf Tournament and fundraiser, Friday, June 29 at Genoa Lakes, The Lakes Course in Genoa, Nev. for a fun “scramble” golf tournament. Various competitions including hole-in-one, closest to the pin and longest drive will be held throughout the course giving golfers the opportunity to win great prizes.
California Budget Cuts Threaten the Status of Universities
Submitted by Editor on Sun, 06/03/2012 - 1:18amClass sizes have increased, courses have been cut and tuition has been raised — repeatedly. Fewer colleges are offering summer classes. Administrators rely increasingly on higher tuition from out-of-staters. And there are signs it could get worse: If a tax increase proposed by California Gov. Jerry Brown is not approved this year, officials say they will be forced to consider draconian cuts like eliminating entire schools or programs.
Campaign urges Congress To OK Internet sales tax collections; Nevada delegation split
Submitted by Editor on Thu, 05/31/2012 - 10:29amCARSON CITY — The National Retail Federation has launched a nationwide 60-day campaign to raise awareness among lawmakers and the public on how what it calls a loophole exempting online sales from sales tax is hurting local communities and job creation.
If Nevada’s five-member Congressional delegation is any indication, the group has its work cut out for it, with three members opposed and two supportive of the idea to allow states to tax online sales.
Rural Economic Activity Boosts Nevada Taxable Sales By 7.2 Percent In March
Submitted by Editor on Tue, 05/29/2012 - 9:15pmCARSON CITY — Nevada’s taxable sales jumped 7.2 percent in March over March 2011, but the state’s two largest urban counties showed more sluggish growth, the state Department of Taxation reported Tuesday.
Taxable sales totaled $3.9 billion in March, driven by Nevada’s rural counties where large energy and mining projects helped boost the numbers overall. For the fiscal year to date, statewide taxable sales are up 7.5 percent.
Measure E reborn as Measure B
Submitted by Anonymous on Fri, 05/25/2012 - 6:00amFor the second time in less than two years, South Lake Tahoe voters are being asked to approve changes to the city's business license tax structure.If approved by a majority of voters during the Ju...
Memorial Saturday for legendary broadcaster, hellraiser and satirist Travus T. Hipp
Submitted by Editor on Thu, 05/24/2012 - 12:59pmServices for legendary radio commentator Travus T. Hipp will be held this Saturday, May 26, in Silver City. Hipp died early Friday morning, May 18, at his Silver City home. He was 75, as old as the Golden Gate Bridge in his beloved San Francisco.
A memorial service will be held Saturday, May 26, in Silver City. Gathering, gnoshing and remembering will begin at the Silver City Community Center, 385 High Street, at 10:00 a.m. Food and refreshments will be provided. Those who wish may bring more.
Even with tax, Calif. could face chronic deficits
Submitted by Anonymous on Thu, 05/17/2012 - 10:09amSACRAMENTO, Calif. (AP) - Even if voters approve Gov. Jerry Brown's proposal for higher taxes this fall, his ballot initiative would be only a partial solution to the state's chronic budget deficit...
Tax Commission denies $31 million refund to Caesars Entertainment
Submitted by admin on Wed, 05/16/2012 - 2:30pmVoter distrust will be a hurdle for Brown tax plan
Submitted by Anonymous on Wed, 05/16/2012 - 11:57amSACRAMENTO, Calif. (AP) - Gov. Jerry Brown is pleading with Californians to raise their taxes as part of his solution for solving the state's budget deficit, but it's uncertain whether voters will ...
Presidential Race Gets Local Focus As Obama, Romney Supporters Weigh In On Jobs, Deficit
Submitted by Editor on Tue, 05/15/2012 - 10:35pmCARSON CITY — While Mitt Romney and Barack Obama were campaigning elsewhere Tuesday, Nevada Democrats and Republicans took up the battle for the presidency on their behalf.
Rep. Joe Heck, R-Nev., held a telephone conference call to talk up Romney’s credentials as a “turnaround specialist” who will get the country back on track. He also criticized Obama for failing to get spending or the national deficit under control as he promised early on in his presidency.
Governor eyes more cuts as Calif deficit swells
Submitted by Anonymous on Mon, 05/14/2012 - 5:02pmSACRAMENTO, Calif. (AP) - California's sputtering economic recovery is putting a heavier-than-expected drag on state tax revenue, leading Gov. Jerry Brown on Monday to propose deep budget cuts acro...
Accunting firm celebrates 20 years in business
Submitted by Anonymous on Sun, 05/13/2012 - 6:00amWith tax season well past, you might expect an accounting office to be quiet and empty on a sunny Tahoe afternoon. But that wasn't the case at ITC Services on Wednesday, where lucky winners gathere...
California facing $16 billion shortfall
Submitted by Editor on Sat, 05/12/2012 - 2:35pmSACRAMENTO — California's budget deficit has grown to a projected $16 billion and the state will have to make severe cuts to schools and public safety if voters reject tax hikes in November, Gov. Jerry Brown announced Saturday.
Anti-tax groups and Republican lawmakers say both tax increases will hurt California's economic recovery. State GOP Chairman Tom Del Beccaro kicked off a statewide campaign earlier this month, saying he wants to discuss alternatives to Brown's tax hikes.
Nevada Governor Sandoval says Amazon online sales tax revenue is about fairness
Submitted by Editor on Thu, 04/26/2012 - 9:31pmCARSON CITY — Nevada Gov. Brian Sandoval said Thursday that a recent deal announced with Amazon.com to collect sales taxes from on-line purchases in Nevada beginning in January 2014 is only the tip of the iceberg.
Report: Nevada Tax System Ranks High For Entrepreneurs, Small Business
Submitted by Editor on Tue, 04/24/2012 - 12:49pmCARSON CITY — A new business index evaluating the states on the effects of their tax systems on entrepreneurship and small business ranks Nevada 3rd behind South Dakota and Texas.
The Small Business & Entrepreneurship Council’s “Business Tax Index 2012” pulls together 18 different tax measures, and combines them into one tax score that allows the 50 states and District of Columbia to be compared and ranked.
State reaches deal with Amazon to collect sales tax
Submitted by Anonymous on Tue, 04/24/2012 - 10:26amNevada Gov. Brian Sandoval announced Monday that the state has reached an agreement with online retailing giant Amazon to begin collecting Nevada sales tax on purchases.The agreement also calls for...