CPA Practice

JULY 14, 2025

Subscribe Tags:  fraudulent tax return , Income Taxes , PPP fraud , tax fraud , tax preparer news , Taxes Recommended Taxes Articles View All Taxes Articles Taxes July 14, 2025  Nevada’s Titus, Trump Loyalists Align on Challenging Gambling Tax Las Vegas Democratic Rep.

tax preparation 72

tax preparation Texas Tax Technology 72

TaxConnex

JULY 1, 2025

below trend in Nevada to 0.2% Of the 45 states that impose sales taxes, 16 had collections that outperformed long-term trends, ranging from 5.1% above trend in Wyoming to 0.2% above in New York, Utah and Mississippi. General sales tax revenue underperformed its long-term trend in 29 states, ranging from 8.8% below in Connecticut.

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Sales Utah Tax Mississippi 147

CPA Practice

OCTOBER 22, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

payroll 52

payroll Rhode Island West Virginia South Dakota 52

CPA Practice

JULY 2, 2025

A Nevada lawmaker and a downtown Las Vegas casino owner are among those united in opposition to a provision in the proposed federal budget bill that would limit declarable losses for gamblers.

Nevada 59

Nevada Tax Gambling tax planning 59

ThomsonReuters

JULY 14, 2025

Lease sales: Expands the ability of oil and gas companies to obtain leases for drilling on public land in states such as Alaska, Colorado, Montana, New Mexico, Nevada, and North Dakota, as well as U.S.-controlled Clean fuel credit extension: Extends credits for clean fuel production until 2030. controlled waters in the Gulf of Mexico.

North Carolina 59

North Carolina Non-Profits Montana income tax 59

CPA Practice

JULY 10, 2025

Nevada Democratic Sen. Catherine Cortez Masto sought to reverse the cut in losses deduction that was included in the One Big Beautiful Bill Act, but she ran into objections from some Republicans.

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Gambling Nevada Tax tax planning 91

TaxConnex

SEPTEMBER 10, 2020

Nevada , Texas , South Carolina and New Jersey are among the first states mandating surcharges on retail sales subject to sales tax. In Nevada, “Some businesses are now charging an additional fee attributed to COVID-19. Lately they’ve been followed by retailers, notably restaurants , nationwide. States to watch.

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South Carolina Sales Nevada Tax 246

PYMNTS

APRIL 9, 2020

With an economy heavily reliant on tourism, Nevada may have the largest number of unemployed workers due to the coronavirus pandemic. Stephen Miller, an economist at University of Nevada, told the news outlet that economic downturn during the recession of 2007 to 2009 was deeper and longer than in Las Vegas than many other U.S.

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Nevada Real Estate Gambling Hospitality 64

TaxConnex

MARCH 24, 2022

According to the Nevada proposal, if the marketplace seller makes sales through an unregistered marketplace facilitator, the marketplace seller must register, collect and remit tax on those sales. has also proposed?draft draft regulations?implementing It is best to consult with a sales tax expert or CPA to find the most updated laws.

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South Dakota Nevada Minnesota Missouri 245

PYMNTS

FEBRUARY 26, 2020

Inside One Nevada Credit Union’s Self-Service Transformation. Many credit unions, including One Nevada Credit Union , are undergoing extensive changes to cater to this desire, but these transformations invariably bring challenges of their own. For more on these and other CU news items, download this month’s Tracker.

Nevada 77

Nevada Education Texas Sales 77

CPA Practice

FEBRUARY 25, 2025

In total, these claims sought refunds of over $98 million, of which the IRS paid approximately $33 million. McCoy personally received over $1.3 million in fraudulent refunds and was.

Nevada 103

Nevada Tax income tax 103

PYMNTS

FEBRUARY 27, 2020

One CU undergoing a self-service transformation is One Nevada Credit Union , which serves 80,000 members and has $959 million in assets. One Nevada is instituting a product suite to support its self-service transformation, including a data warehouse, business intelligence tools and a complete core banking conversion.

Nevada 52

Nevada Technology Education Start-ups 52

TaxConnex

MARCH 22, 2022

Colorado, Mississippi, Nevada, Ohio and Louisiana are among states offering a discount for prompt payment; Arizona gives a better discount for e-filers; Florida and South Carolina offer both. Utah discounts local taxes as well as state. Most tax jurisdictions mandate?on-time?filing?and and full payment of tax due,?among

Sales 246

Sales Utah South Carolina Tax 246

TaxConnex

JANUARY 11, 2022

Shipping is not taxed in Nevada, but handling is. All shipping incurs sales tax in Kansas, for instance, and ditto (generally) in the District of Columbia. Shipping does not incur sales tax in Missouri.

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Sales Rhode Island South Dakota North Dakota 246

TaxConnex

JUNE 17, 2021

Other states doing well with tax on marijuana include Oregon, Nevada, Massachusetts, Illinois, and Michigan. Among the first states to legalize marijuana some seven years ago, Washington collected $614 million in marijuana tax revenue last year. And Colorado raked in $362 million in marijuana taxes in 2020, a 30% jump from 2019.

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Legal Illinois Nevada Oregon 225

TaxConnex

JULY 9, 2024

Commercial activity taxes in Ohio and Nevada are also often missed. Especially if you handle your compliance in house, you may have also paid local taxes to a state. States frequently introduce new sales tax returns, such as Colorado and Minnesota for their new retail delivery fees.

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Sales Tax Colorado tax return 264

PYMNTS

JUNE 16, 2019

Nevada has passed regulatory sandbox legislation that aims to continue blockchain investment and development in the state. We’re thrilled to see that Nevada continues to take a thoughtful approach to technology,” said Jackie Morck, President of the Nevada Technology Association, in a statement. passport holders.

Nevada 46

Nevada Technology Government 46

CPA Practice

MAY 24, 2024

CPACharge , an online payment solution developed specifically for accounting professionals, has launched new partnerships with New Jersey , Nevada , and Wyoming Society for CPAs. The New Jersey, Nevada, and Wyoming Society of CPAs are independent organizations committed to promoting and maintaining the moral standard of accountancy.

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Wyoming New Jersey Nevada CPA 52

TaxConnex

OCTOBER 8, 2020

The taxpayer (a Nevada-based tech company selling such services as VoIP calling, Wi-Fi, and text, video, and instant messaging in Texas) does not require a user to provide a billing, residential, or business address. Where there are two states, there may soon be more – especially as the pandemic continues to ravage state tax revenues.

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Sales Texas Tax Nevada 147

CPA Practice

FEBRUARY 19, 2025

The quarter percent federal excise tax, also known as the handle tax, "does nothing except penalize legal gaming operators for creating thousands of jobs," said U.S. Rep.Dina Titus, D-Las Vegas.

Nevada 80

Nevada Sports Tax Gaming 80

TaxConnex

OCTOBER 5, 2021

Excise taxes vary widely from state to state, but in recent years states collecting the highest per-capita excise taxes include Vermont, Nevada, Hawaii, Minnesota, and Maryland. Latest estimates are that at the federal level the U.S. collects about 4% of its revenue from excise taxes.

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Sales Tax South Carolina Hawaii 189

TaxConnex

MARCH 2, 2021

Nevada has launched a tax amnesty program for businesses and individuals that runs through May 1. House has passed a measure that would increase the general sales tax rate for clothing and many other items from 7% to 9.5%.

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Sales Tax Missouri Wisconsin 247

CPA Practice

JANUARY 17, 2023

Nevada: The Nevada Society of Certified Public Accountants (NVCPA) announced several upcoming events including the 2023 Annual Gaming Conference , which is scheduled to take place May 16 and 17, 2023. The annual report is typically released by January 1 for the previous fiscal year.

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CPA Pennsylvania Tennessee Nevada 125

CPA Practice

MAY 3, 2024

Anyone interested in taking advantage of the temporary sales and use tax exemption must apply for it each year through their Commanding Officer no later than 30 days before Nevada Day. The Nevada Department of Taxation will issue a letter of exemption to eligible applicants. on the first Monday in September.

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Sales Nevada Tax West Virginia 119

TaxConnex

FEBRUARY 8, 2022

Nevada has proposed draft regulations implementing sales and use tax collection requirements for marketplace sellers and facilitators without a physical presence in the state. The guidance also includes, among other things, directions for how marketplace providers register to collect tax and their filing frequency.

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Sales Tennessee Tax Massachusetts 245

TaxConnex

NOVEMBER 16, 2021

These states include New Jersey, Illinois, New York, Nevada, Louisiana, Maine, Kansas, Iowa, and Rhode Island. In this case, it is better to have a qualified sales tax specialist firm like TaxConnex monitor their nexus and make sure that they are collecting and remitting sales tax to the proper jurisdictions.

South Dakota 242

South Dakota E-commerce Rhode Island Illinois 242

TaxConnex

SEPTEMBER 5, 2024

Nevada: Taxable unless stated separately. Mississippi: Rate and application of sales or use tax on delivery charges follows the tax treatment of the property being shipped or delivered. Missouri: Generally taxable if included in the price but exempt is separately stated and the buyer isn’t required to pay shipping.

Sales 264

Sales Tax Transportation Kansas 264

MyIRSRelief

AUGUST 2, 2024

Nevada: A Balanced Approach Nevada has implemented a balanced approach to cannabis taxation, focusing on both cultivation and retail sales. Wholesale Marijuana Tax: Cultivators in Nevada are subject to a 15% excise tax on the fair market value of marijuana at wholesale.

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audit Tax Nevada Colorado 130

CPA Practice

FEBRUARY 14, 2024

In partnership with Get Outdoors Nevada, the Foundation will arrange for conference attendees to be able to contribute to a habitat restoration project in Red Rocks State Park.

Nevada 111

Nevada payroll Education Government 111

TaxConnex

MAY 14, 2024

Among other details and typical of many of these platforms, vendors with a physical presence in a state where Etsy collects and remits state sales tax do not have to remit any tax collected on sales; the platform remits the money for the vendor.

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Sales South Carolina Rhode Island Tax 203

CPA Practice

APRIL 22, 2024

The eight states are Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. You can see every state’s data here. _ ©2024 Advance Local Media LLC. Visit al.com. Distributed by Tribune Content Agency LLC.

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South Dakota Alabama New Hampshire Wyoming 116

PYMNTS

JULY 5, 2020

a Nevada-based, publicly-traded company that owns processing centers and a 5,000-square-foot retail store in Arizona, praised FinCEN’s update. In addition, FinCEN expects financial institutions to monitor the transactions of hemp-related businesses for signs of suspicious or unlawful activity, such as transactions above $10,000 in a day.

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Nevada Arizona Legal Manufacturing 140

PYMNTS

MAY 22, 2020

As it gears up to reopen in Las Vegas, Caesars Entertainment Corporation said it would resume its gaming and hospitality functions at Flamingo Las Vegas and Caesars Palace at “the date and time for reopening specified by the state of Nevada.” Steve Sisolak and public health authorities, according to an announcement.

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Hospitality Gaming South Dakota Nevada 84

PYMNTS

AUGUST 15, 2019

Nevada is enforcing stricter regulations on cryptocurrency kiosks, and will now require them to have a state money transmission license. BitAML Senior Advisor Annelise Strader told CoinDesk that the state’s regulatory team recently changed its interpretation of what is considered a money transmitter within the state.

Nevada 46

Nevada Start-ups Retail B2B 46

CPA Practice

SEPTEMBER 25, 2024

The Nevada Democrat, alongside Senate Committee on Small Business and Entrepreneurship Chair Jeanne Shaheen, D-New Hampshire, and Sen. By Jessica Hill Las Vegas Review-Journal (TNS) Sen. Jacky Rosen introduced legislation today that would increase startup tax deductions when starting a new business.

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New Hampshire Wisconsin Nevada Tax 106

TaxConnex

MAY 23, 2023

Almost half the states have stopped sales tax on diapers, but these baby products still, despite frequent efforts at repeal, incur sales tax in Maine, Ohio, Michigan, New Mexico, Nebraska, Washington and Nevada. Playing dress-up Clothing is taxable in most states and the District of Columbia.

South Carolina 130

South Carolina Sales South Dakota Montana 130

TaxConnex

SEPTEMBER 26, 2024

Certificates expire after four years in California, Michigan, Rhode Island and Washington; five years in Florida, Maryland, Missouri, Nevada and Pennsylvania; and 10 years in Massachusetts.

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Rhode Island West Virginia South Dakota North Dakota 130