Business
Community invited to 20/20 Carson City action meeting tonight at Firkin
Submitted by Jeff Munson on Thu, 05/16/2013 - 9:28amEvent Date:
May 16, 2013 - 5:30pm
The Carson City downtown action group 20/20, which is planning several activities throughout summer and beyond, is inviting the public to its meeting tonight, Thursday, at Firkin and Fox, 310 S Carson Street, beginning at 5:30 p.m.
Greater Nevada at Habitat for Humanity Event
Submitted by Carson Now Reader on Wed, 05/15/2013 - 5:15pmEmployees from Greater Nevada Mortgage and Greater Nevada Credit Union pose with Bob the Builder at last Saturday’s Playhouse Build-a-Thon in Reno, a fundraiser for Truckee Meadows Habitat for Humanity. Thirty-three Greater Nevada employees joined other Habitat for Humanity volunteers to help raffle off five custom-built playhouses.
Carson City Chamber poses questions in survey for residents
Submitted by Jeff Munson on Wed, 05/15/2013 - 9:52amAs part of its Dialogue 2013 series, the Chamber is reaching out to locals who live, work, play, and learn in Carson City via SurveyMonkey.
After meeting with the Leadership Institute Class of 2013, students at WNC, Chamber members, teenagers at the Boys and Girls Club of Western Nevada and the senior at the Senior Center, the Chamber is expanding its reach to allow residents to respond to two simple questions: Why do we live here and what do we see that our city will be like by the year 2020.
Women are 'buying in' to home ownership
Submitted by editor on Sat, 05/11/2013 - 12:57pmMother’s Day is this Sunday and in honor of mother’s, daughters, sisters, aunts, and all women, it is interesting to note how far women have come in just a few short decades when it comes to home ownership.
In 1968, the federal Fair Housing Act was passed making it illegal to discriminate on the basis of race, color, religion or national origin when renting or selling a home. In 1974, the Fair Housing Act was amended to prohibit housing discrimination on the basis of sex. Prior to that time, women (as well as minorities) found it nearly impossible to obtain credit or to buy a home.
Nevada casino March gaming revenues up, Carson City down by 2 percent
Submitted by Jeff Munson on Fri, 05/10/2013 - 8:44amMarch gaming revenues for Carson City area casinos fell by about 2 percent from 2012 figures, the Nevada Gaming Control Board reports.
Statewide, Nevada casinos fared better, with an increase of 7.04 percent over March 2012 "gaming win" revenues. For the fiscal year, gaming win is in the plus at 2.79 percent.
Carson City area casinos include those in Minden, Gardnerville and all other areas of Douglas County except South Shore Lake Tahoe. Carson City and Carson Valley casinos in March took in $8,283,845 compared to $8,454,507 in March 2012.
Capital apartment complex sells for $18.65 million | nnbw.com
Submitted by admin on Thu, 05/09/2013 - 10:38pmA San Francisco-based investment group last week closed on its purchase of the 176-unit Parkway Manor Apartments in Carson City, paying $18.65 million.www.nnbw.com/news/...113/carson-parkway-property-1865
CHS Cheerleading 'Cheer Me Up Cards' offer discounts at 41 Carson City area businesses
Submitted by Carson Now Reader on Thu, 05/09/2013 - 1:18pmThe Carson High School "Cheer Me Up" cards are on sale now and feature 41 different Carson City businesses that are offering discounts on services, food and merchandise through April 2014.
The discounts are being offered at:
Carson City apartment complex sells for $18.65 million
Submitted by editor on Thu, 05/09/2013 - 2:59amParkway Manor Apartments in Carson City, which consists of 176 units at 603 E. College Parkway, was sold for $18.65 million to Village Properties, an affiliate of a San Francisco-based, privately held real estate investment firm.
Start a Business or Grow One with NxLeveL and a lot of Experts
Submitted by Carson Now Reader on Wed, 05/08/2013 - 4:41pm
Event Date:
June 10, 2013 - 6:00pm Carson City, NV – NxLeveL business planning course is coming back to Carson City after huge success with more than 30 business attendees in the March 2012 class. Western Nevada Development District has once again provided the funding for what has become the most popular and successful business planning course throughout countless Nevada communities. This award-winning program has provided the tools to start and grow a small business to more than 3,000 Nevadans.
Surviving and thriving in the new economy: 10 tips from one small business success
Submitted by Carson Now Reader on Tue, 05/07/2013 - 1:57pmIf you are a family-owned, small business, what does it take to survive and thrive in the “new economy?” Reno resident Cherie Humphreys has some insight. As the founder, owner and operator of Answerwest, a boutique answering service/call center based out of Reno, Nevada, her company has survived and thrived despite constantly changing technologies and stiff competition from the larger global economy.
Bullis and Company CPA Column: We 'Seniors' Like Respect
Submitted by Jeff Munson on Mon, 05/06/2013 - 3:28pmWell we made it to spring again! I love spring! Another year into the history books. I looked at myself in the mirror recently and wondered who was the “old guy” staring back.
Gaming industry sees biggest revenue gains since recession
Submitted by editor on Mon, 05/06/2013 - 12:02pmThe U.S. casino industry captured $37.3 billion in gaming revenues in 2012, a 4.8 percent increase from 2011.
That growth rate is largest since the recession swept through the industry in 2008, according to an annual report released today by the American Gaming Association.
Bullis and Company CPA Column: IRS understands and sometimes forgives
Submitted by Jeff Munson on Thu, 05/02/2013 - 11:49amWhen money is withdrawn from an IRA but is planned to be repaid to that IRA custodian or a new IRA custodian (so it is not taxable), it is required to be repaid within 60 days of receipt.
IRS Letter Ruling (PLR) is not supposed to be relied upon by other taxpayers, but it does give some information and guidance about what IRS will do.
Let’s call her Ann, withdrew funds from her IRA on Dec. 22, 2011. In January 2012, she contacted a financial institution asking how to roll over the distribution to an account there. They emailed her instructions on how to do the non taxable roll over.
Carson City downtown shopkeepers take it to the street with Saturday cleanup
Submitted by Jeff Munson on Mon, 04/29/2013 - 4:26pmDowntown Carson City business owners stepped out and left there businesses in the trusted hands of their staff members on Saturday, hitting the streets armed with brooms, dust pans, shovels, trash bags and even pocket scrapers in a group effort to clean the street.
New Administrator Named at the Lodge Assisted Living and Memory Care Community
Submitted by Carson Now Reader on Fri, 04/26/2013 - 6:32amCher Haack has been named Administrator at The Lodge Assisted Living and Memory Care Community in Carson City. She replaces Karen Perry who is relocating to Arizona.
Ms. Haack has worked at The Lodge for more than two years as the Wellness Coordinator.
Haack has extensive experience working with elders in the Carson City and Carson Valley areas. Prior to joining the Lodge she worked at the Carson Valley Residential Care Center in Gardnerville for many years and has also worked as a private in home caregiver. She believes that working with elders is a true calling.
Carson City Chamber announces 2013-14 board of directors
Submitted by Jeff Munson on Wed, 04/24/2013 - 9:54amCarson City Chamber of Commerce Chairman of the Board Stan Jones is pleased to announce the 2013-14 Board of Directors and Officers.
Re-elected to a second three year term are Curt Spradley, owner, Carson Coffee and Carol Swanson, District Sales for Mary Kay.
Bob Tote, general manager of Costco Carson City, is new to the board and will serve a three-year term.
Gordon Gagnon, co-owner REDCO, and Joyce Whitney-Silva, COO of Greater Nevada Credit Union, have been selected to serve their first three year term advancing from a one-year Chairman’s pick slot.
Carson City Chamber tours China
Submitted by Jeff Munson on Sun, 04/21/2013 - 11:01amMembers of the Carson City Chamber of Commerce, led by Chamber Director Ronni Hannaman, took a tour earlier this month through China. Here are some photos from the trip.
Bullis and Company CPA: Some thoughts about IRS audits
Submitted by Jeff Munson on Sat, 04/20/2013 - 10:33amIt’s great to have that income tax return filed! Maybe you can relax and take a deep breath now. But, what if IRS has questions or selects your return for audit?
The deduction for Office in the Home for the part of your home that is regular and exclusive business use is NOT an invitation to IRS to audit your return. There is even a “safe harbor” that can be used. IRS understands how important that home office is to many taxpayers-usually the sole owner business.
New advocacy group forms for Carson City downtown businesses
Submitted by Carson Now Reader on Fri, 04/12/2013 - 3:47pmForty-nine downtown Carson City businesses, 11 downtown property owners and many citizens have come together to form what is now known as the "Downtown 20/20 Action Advocacy Group."
Lt. Gov. Brian Krolicki to speak at April NNDA breakfast
Submitted by Jeff Munson on Sun, 04/07/2013 - 11:44amEvent Date:
April 24, 2013 - 7:00am
Nevada Lt. Gov. Brian Krolicki will speak at the next Northern Nevada Development Authority breakfast, April 24, 7 a.m. at the Carson Nugget. The cost is $20 for members and $35 for guests. Go here to register.
Tax Tips Column: The Real April Fools Are Data Thieves
Submitted by editor on Thu, 04/04/2013 - 2:11amHot Diggity Dog! I missed pulling one of my favorite April Fools jokes on some folks, but then I got to thinking how many folks are “fooled” every day into thinking they are safe and secure in the way they use the internet.
Here are some bones to chew on.
Carson City landmark under new ownership | nnbw.com
Submitted by admin on Tue, 04/02/2013 - 3:57amThe name remains, but much else is new since Mo & Sluggo's Bar & Grill changed hands. New owners Dan Shaheen and Rowan Colgan, who bought the ...www.nnbw.com/news/5676990.../colgan-shaheen-bar-buildin...
Bullis and Company CPA: Simplifying education tax provisions
Submitted by editor on Sun, 03/31/2013 - 1:07amOver the years, Congress has enacted many tax laws relating to education.
Those laws can be divided into two main categories: (1) items to help taxpayers meet the current higher education expenses and (2) laws to encourage taxpayers to save for future higher education expenses.
JOIN Carson City Workforce Training Credential Asserts Employees Know Basic Employment Skills
Submitted by Carson Now Reader on Fri, 03/29/2013 - 3:35pmJOIN, Inc. in Carson City recently launched the National Work Readiness Credential and recently had its pilot class of four JOIN clients pass the assessment and receive the credential.
State's top officers to address NNDA Wednesday; five new businesses to be announced
Submitted by Jeff Munson on Tue, 03/26/2013 - 4:59amThe Northern Nevada Development Authority will hear from the state's top officers and learn of five new businesses to the region during a breakfast Wednesday, 7 a.m., at the Carson Nugget in Carson City.
Attorney General Catherine Cortez-Masto will discuss Home Again Nevada and her Sex Trafficking Bill. State Treasurer Kate Marshall shares her new scholarship program for children entering kindergarten. Secretary of State Ross Miller will discuss the new Business Portal.
Carson High Students Help Prep Tax Returns at the BRIC
Submitted by Carson Now Reader on Mon, 03/25/2013 - 10:06amFor the second tax season, the Business Branch of the Carson City Library at the Business Resource Innovation Center is providing free tax preparation through the Volunteer Income Tax Assistance program through the Internal Revenue Service and United Way Northern Nevada and the Sierra.
As part of providing this valuable service to members of the community that have low-to-moderate income, the BRIC is collaborating with the Future Business Leaders of America club on campus at Carson High School.
GE Employees Come Together for Charity
Submitted by Carson Now Reader on Mon, 03/25/2013 - 9:16am
Event Date:
February 22, 2013 (All day) The third annual Austinpalooza was a night of food, music and festivities that culminated in over $8,500 in funds raised for Austin’s House and the Society of Women Engineers at University Nevada, Reno. The event, organized by GE’s Measurement and Control employees in Minden, was held Friday, February 22, 2013, at Jethro’s Bar and Grill in Gardnerville, Nevada. Both charities rely heavily on support from partners, like GE, to sustain operations.
Bullis and Company CPA Column: Wrong use of Turbo Tax program is not an excuse for errors
Submitted by editor on Sun, 03/24/2013 - 9:18pmBrenda Frances Barlett lost a lawsuit in the United States Tax Court regarding her 2008 individual income tax return. T.C. Memo. 2012-254.
She prepared her own return on Turbo Tax, reporting a total tax of $44,619. IRS determined the correct liability was $88,287 and the Tax Court agreed with IRS.
No facts were in dispute. She received $223,870 from the employer retirement plan when she retired. She only reported $119,400 as taxable, but it was all taxable. She underreported her pension income by over $100,000.
Women to Women with Liz Andrews-Booth
Submitted by Jeff Munson on Sat, 03/23/2013 - 7:36amThis week's guest on Women to Women Nevada is Liz Andrews-Booth, president of the Carson City Downtown Business Association and owner of Liz's Biz. She discusses with hostess Carol Paz, a bit about her background, including serving in the Marine Corps and the California Army National Guard, and the latest goings on in Carson City downtown plans.
Public invited to Dialogue 2013 Carson City
Submitted by Jeff Munson on Thu, 03/21/2013 - 3:30pmEvent Date:
March 27, 2013 - 11:30am
The Carson City Chamber Board of Directors has launched Dialogue 2013 to gain verbal community input on why people live, work and play in our city. What is the draw that keeps them here? What is the 20/20 vision for 2020 and how will we get there in these uncertain times?
Bullis and Company CPA Column: Civil fraud penalty assessed against IRS employee
Submitted by editor on Sun, 03/17/2013 - 11:27amThe Internal Revenue Service (IRS) has many employees. That one of them did not comply with the income tax laws is easy to imagine.
However, in the case of Jacynthia Quinn, Tax Court Memo 2012-178, the IRS employee was a tax compliance officer. She claimed dependency exemptions, medical expenses and charitable contributions that the Court found she was not entitled to claim.
Apparently the court testimony by others contradicted the taxpayer’s claim she was not aware of the documentation and other tax law requirements.
Hot Spring Spas Ltd. of Carson City Celebrates Grand Opening of New Location
Submitted by Carson Now Reader on Tue, 03/12/2013 - 11:18amThe pool and spa care professionals at Hot Spring Spas are excited to announce their recent move to a larger showroom at 527 Fairview Drive in Carson City. Fans of sparkling clear, beautiful water are encouraged to visit the 4,000-square-foot store and let this BioGuard® expert dealer help properly care for your pool or spa with a host of time-saving, cost-effective premium systems, merchandise and personal service.
WE of the World luncheon to feature Women to Women Nevada host Carol Paz
Submitted by Jeff Munson on Mon, 03/11/2013 - 10:20amWE of the World, a business and professional organization for women, will feature Carol Paz, hostess of the TV program Women to Women Nevada, at its monthly meeting on Thursday, March 14. The luncheon will be at Sassafras Cafe in Carson City, from 11:30 to 1 p.m.
Bullis and Company CPA Column: Not Quite Enough to Itemize so Try This
Submitted by editor on Sat, 03/09/2013 - 6:33pmOccasionally, while preparing somebody’s tax return, it appears that they just barely fall short of being able to itemize deductions instead of taking the standard exemption.
Bullis and Company CPA Column: File the back years income tax returns
Submitted by editor on Sat, 03/09/2013 - 6:18pmNormally when someone has not filed income tax returns for a few years, the IRS is willing to just get the returns filed and paid. It usually has no jail time involved. IRS will charge interest and some penalties.
However, a taxpayer named Laubly was sentenced to 96 months in jail for willful failure to file a tax return and for tax evasion. Perhaps it was the tax evasion charge that the court found as adequate reason for the jail time sentence.
Bullis and Company CPA Column: Home office deduction is OK
Submitted by editor on Sat, 03/09/2013 - 6:08pmSeveral folks have indicated they have a sole owner business and use a part of their home regularly and exclusively for business use. They have not claimed that deduction because they heard it would cause an IRS audit of their tax return.
Our experience is the deduction is fine, OK to claim. IRS has recently even issued a Revenue Procedure for a “safe harbor” Office in Home deduction. Rev. Proc. 2013-13 offers an optional method of figuring the deduction.
Dick Campagni and Carson City Toyota Scion to match donations to Boys and Girls Club of Western Nevada
Submitted by editor on Fri, 03/08/2013 - 4:19pmDick Campagni and Carson City Toyota Scion is challenging the Carson City community to help the Boys and Girls Clubs of Western Nevada. Carson City Toyota Scion will match all donations made to the Boys & Girls Club up to $10,000.
You can donate at www.bgcwn.org or at Boys & Girls Club of Carson City or mail your donations to 1870 Russell Way, Carson City, Nev., 89706. Call (775) 882-8211.
Gaming profits down statewide, Carson City in January
Submitted by Jeff Munson on Fri, 03/08/2013 - 11:18amAfter a fairly prosperous holiday season for Nevada casinos, statewide gaming profits trended down the first month of 2013 compared with January 2012 figures, the state's Gaming Control Board reports.
The Private Bank by Nevada State Bank releases research on the effects of federal tax policy changes on Nevada’s high-income households
Submitted by Carson Now Reader on Wed, 03/06/2013 - 2:13pmThe Private Bank by Nevada State Bank released the fifth of its High Net Worth briefings today. The research prepared by local market research firm Applied Analysis estimated that recent changes in federal tax policy could cost Nevada’s high net-worth households as much as $1.8 billion annually. Changes analyzed included those sourced to higher marginal and capital gains tax rates, modifications to the alternative minimum tax, the reintroduction of deduction limitations for wealthy families (Pease limitation), new Medicare taxes and a permanent modification to the estate and gift tax.
Change of command at Downtown Business Association
Submitted by Jeff Munson on Thu, 02/28/2013 - 3:40pmLenny Chappell, outgoing Chairman of the Carson City Downtown Business Association, receives a star for his successful shepherding of the organization during his tenure from fellow board members at the recent DBA appreciation dinner. In the main photo, from left: DBA board members Dana Freund, new chair Liz Andrews-Booth, AJ Matule, Lenny Chappell, Karyl Summers and Sue Jones.
Mayor presents award to DBA on behalf of Vietnam Vets
NV Energy hosts workshop for small and diverse businesses
Submitted by Jeff Munson on Wed, 02/27/2013 - 3:24pmEvent Date:
March 12, 2013 - 9:00am
NV Energy is sponsoring a workshop in Reno for small and diverse businesses interested in providing goods and services to Nevada’s largest electric utility. The workshop is scheduled for Tuesday, March 12, from 9 a.m. to 2 p.m. in the company’s Sierra Plaza Auditorium at 6100 Neil Road.
Partnering with NV Energy to present the Strategies for Winning Contracts workshop are the Nevada Small Business Development Center (NSBDC), the U.S. Small Business Administration and the Nevada Office of Economic Development.
Carson City teachers get crash course in manufacturing needs
Submitted by admin on Mon, 02/25/2013 - 4:13amOn Wednesday, 20 teachers from the Carson City school system will spend a professional development day touring local manufacturers.
The field trip is part of an ongoing partnership between schools and local businesses, the goal of which is to better prepare area students for life after high school, in this case by better preparing educators to teach them about opportunities at local employers.
Scott Parker is new Carson City area AAA branch manager
Submitted by editor on Fri, 02/22/2013 - 12:36pmCARSON CITY — Scott Parker has joined the Carson City branch of AAA as the branch manager. He will oversee the 10 employees and office operations related to insurance, travel and memberships of the century-old-plus company. He started on Jan. 14.
Parker, who hails from Medford, Ore., has a long history of management in the insurance industry. This includes a 26-year stint with Farmers Insurance Group in different capacities. He last worked as a district sales manager after serving as a reserve district manager and agency owner as an independent agent.
Financial Guidance Center Education programs coming to Carson City
Submitted by editor on Thu, 02/21/2013 - 9:55amCarson City will offer four classes, the first beginning Feb. 25, presented by the Financial Guidance Center. The classes will focus on financial literacy and education. All classes are free and will be held in the BRIC Conference Room A at 108 E. Proctor Street from noon to 1:30 p.m.
The following topics will be discussed:
Legislative session means business boost for Carson City
Submitted by editor on Wed, 02/06/2013 - 4:23amPeople are heading to the capitol from all over the state and that means they are spending money at restaurants and hotels.
It's day two of the legislative session and restaurants like Comma Coffee and Firkin and Fox are already seeing more traffic.
Carson City betting on new startups; 'incubator 1' aims to diversify lagging economy
Submitted by editor on Wed, 02/06/2013 - 4:18amAs the capital of the Silver State, gambling is ingrained within Carson City’s DNA. Now, the city is making one of its boldest bets yet — turning an area known more for being the seat of Nevada politics into a viable location for startup companies.
Carson Mall Small Business Expo Set for Saturday
Submitted by Carson Now Reader on Thu, 01/31/2013 - 5:39pmCarson City DA Rombardo warns local businesses of potential Telecom scam
Submitted by editor on Wed, 01/30/2013 - 5:25pmRecently, the Carson City District Attorney’s Office was made aware of a potentially misleading solicitation from U S Telecom sweeping the country.
U S Telecom sends a solicitation for telecom services to local municipalities, school districts, and businesses. Although not stamped with the word “invoice,” the document appears to be an invoice and municipalities, school districts, and companies have complained of being duped into paying U S Telecom $425 for what these entities later complain is little or nothing in return.
The Private Bank by Nevada State Bank releases research on investment portfolios of high-income households
Submitted by Carson Now Reader on Mon, 01/28/2013 - 12:59pmLAS VEGAS – The Private Bank by Nevada State Bank released the fourth of its High Net Worth briefings today. The research prepared by local market research firm Applied Analysis was specific to changes in the income and investment portfolios of Nevada’s higher income households during the past several years. The report suggests that Nevada’s higher income households were overly exposed to real estate investment risk prior to the recession and have rapidly shifted assets into low-yield bonds, transaction accounts and certificates of deposit.
Carson Area Marketing and PR Network features KNPB news director at February meeting
Submitted by Jeff Munson on Fri, 01/25/2013 - 11:32amEvent Date:
February 6, 2013 - 5:30pm
The Carson Area Marketing and PR Network will meet at 5:30 p.m. Wednesday, Feb. 6 at the Business Resource Innovation Center (BRIC) located at 108 E. Proctor Street in Carson City. The meeting is free and non-members who are marketing, PR, or journalism professionals may attend with advance notice.
Scheduled to speak is Brent Boynton, News Director for KNPB. Brent will share some clips of his talk show "A Conversation With..." and explain how the program works and his future needs for guests on the program.
























































