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Business

What Works: Why so serious? Using humor to shift your attitude

There’s something special about a good parody. I always get a laugh when something is turned on its head and shown in a new comedic light. Lately, I’ve realized I can do that with my own fallible actions. When I use humor on it, I render it powerless, shut up the nagging negatively in my head, and can actually laugh at myself.

Stateline duo repositions downtown Carson City building

Steve and Wendy Kaplan, owners of the Carson City Square professional building talk about the improvements they have made to the building.

Carl's Jr. closing, furnishing store coming to Carson Mall

Carl's Jr. at Carson Mall is closing Friday and the building will be torn down for parking just west of a new Carson City furniture store going into mall space facing Carson Street next month.

Economic report says Tesla to generate $1.9 billion in new taxes for state

Even with its $1.3 billion in state tax incentives, Tesla Motors could generate $1.24 billion to $1.95 billion in new direct and indirect tax revenues in Nevada, over the next 20 years, according to a state-commissioned report released Tuesday.
The $1.9 billion impact includes Tesla's factory, its employees and the businesses that serve them.

Space tech, manufacturing conferences highlight Nevada's future industries

Northern Nevada Development Authority, Economic Development Authority of Western Nevada, and Nevada Industry Excellence have partnered again to bring the 2014 Manufacturing in Nevada Conference.

This year’s conference will be held on Oct. 1-2 at John Ascuaga’s Nugget in Sparks. The event has been expanded to feature an Unmanned Aircraft Systems/Unmanned Aerial Vehicles conference with some of the field’s top experts, as well as showcasing exhibit booths both days.

Column: How to save taxes when an employee works from home

For several years now, many employers have learned to save money by hiring out of state employees to work from their homes. Let’s look at an example. A Silicon Valley High Tech company hires a highly qualified lady who lives in Nevada.

Right away, the California based company has saved money by paying it’s Nevada employee less since the Nevada employee is not subject to California Income Tax while working in Nevada.

What Works: Unstructured time and how it boosts productivity

It’s Monday, again. And every Monday we do what we do to prepare for the week. For many of us, that includes reviewing our calendars for appointments, meetings, events, and a variety of commitments.

But, have you ever stopped yourself and asked, “Am I over-structuring myself?” I attend the Center for Spiritual Living here in Carson City and this month we are reading a book that addresses over-structuring and other self-inflicted scenarios that limit us in life. It’s called “Real Moments” by Barbara De Angelis. It’s not a new book, but one I really think I’m going to love digging into.

Nevada wins competition for Tesla Motors gigafactory

Tesla Motors has officially chosen Nevada as the location to build a $5 billion battery plant for its electric vehicle batteries.

“The gigafactory is an important step in advancing the cause of sustainable transportation and will enable the mass production of compelling electric vehicles for decades to come,” said CEO of Tesla Motors Elon Musk.

Video: Carson City Mayor talks Tesla

Carson City Mayor Bob Crowell talks with CNBC about Tesla locating their battery factory in the area. See the video after the jump...

Report claims Tesla has chosen Nevada for battery factory

CNBC is reporting that Tesla has chosen Nevada as the site for the company's $5 billion lithium-ion battery plant, quoting a source inside Nevada Gov. Brian Sandoval's office.

The report says the governor will hold a news conference on Thursday in Carson City, Nevada to make a "major economic development announcement."

It had been previously revealed that ground work had been completed in the Tahoe-Reno Industrial Center to make way for the factory, that could bring as many as 5,000 jobs to the state.

Chamber, NV Energy partner for Sept. 10 free energy workshop luncheon

The Carson City Chamber of Commerce and NV Energy's Sure Bet Program have partnered for a Wednesday, Sept. 10 energy savings workshop and free luncheon at the Carson Plaza.

The workshop is designed to help business owners and managers learn how to assess their energy needs and help customers determine where improvements can be made. It runs from 11:30 a.m. to 1 p.m.

Column: Some thoughts on Social Security

I recently went to a special seminar on Social Security. The speaker was a retired manager with 35 years of experience working at the Social Security Administration. He went through the details of how the various benefits are computed, etc. but his observations were interesting.
Some of the information will not be new to you, but it is still interesting:

Career training agency Join, Inc. offers extended job assistance help to unemployed

Join, Inc., northern Nevada’s non-profit career training agency has received the Department of Labor’s Emergency Grant Funding to provide immediate assistance to individuals who have been unemployed for 27 weeks or more and have qualified for unemployment insurance.

What Works: Showing appreciation in the present moment

On Labor Day, I realized I was out of two baking staples — milk and eggs. Off to Grocery Outlet I went, with sweet potato fries in the oven, 25 minutes on the oven timer and less than one hour until I had to leave for the first potluck of two I was scheduled to attend. To say I was “on the clock” would be quite literal.

Nevada gaming revenue flat in July, Carson City and South Tahoe down

Nevada gaming revenue from casinos remained relatively flat in July compared to the same period last year, while Carson City and South Shore Lake Tahoe area casinos saw declines, according to Nevada Gaming Control Board figures released Thursday.

Statewide nonrestricted gaming licensees reported a total “gaming win” of $931,819,621 for the month, or a .65 percent increase over July 2013 figures.

Carson City gaming revenue fell 3.53 percent, taking in $8,137,396 for the month. In July 2013 the revenue was $8,435,440.

NAI Alliance Carson City Open House Today

Event Date: 
August 27, 2014 - 4:00pm

The Grand Opening Celebration of NAI Alliance Carson City will be held on Wednesday, August 27 with an official ribbon cutting event and open house.

The open house runs from 4 to 7 p.m. This will be a fundraiser for the Boys & Girls Clubs of Western Nevada. The ribbon cutting is at 5:30 p.m.

NIA Alliance is asking for donations for the club in lieu of any flowers or gifts. The event is at 504 Musser Street in Carson City.

Column: Avoid the penalty for underpayment of estimated tax

If your individual income tax return ends up with a balance to pay of more than $1,000, you may incur a small penalty for Underpayment of Estimated Tax. Form 2210 is used to compute the penalty and it is a fun form with many special rules.

The penalty is not really only about estimated tax. If you have tax withheld from wages, retirement, social security benefits, etc. and you owe more than $1,000 with your return, you may incur the penalty.

Northern Nevada economic agencies partner for two October conferences

Three northern Nevada development agencies have partnered to bring the 2014 Manufacturing in Nevada Conference to Sparks, Oct. 1-2. The event will coincide with a Unmanned Aircraft Systems/Unmanned Aerial Vehicles conference.

The events are being hosted by the Northern Nevada Development Authority, Economic Development Authority of Western Nevada, and Nevada Industry Excellence. The conferences feature the field's top experts, as well as showcasing exhibit booths both days.

WNC to Offer Beginning SolidWorks

Western Nevada College Professional Skills Program will offer Beginning SolidWorks, Level 1 solid modeling CAD software on Thursday evenings this fall at the Carson City campus. This 3D drafting application is popular across a wide range of industries for engineering design, documentation and simulation.

Experienced professional Bill Perez will lead students through the basics of SolidWorks 2013-2014. Classes meet in a lab setting with a workstation available to each student.

It will meet Thursdays, Oct. 16 – Dec. 18, 7-9:45 p.m. The course fee is $199.

What Works: Boundaries — Good Fences Make Good Relationships

I visited a friend’s house this weekend and noticed a dog roaming freely in their unfenced yard. At first I was taken aback and then I noticed something. They were utilizing an electric fence. Put aside your feelings about electric fences for a moment and hang with me for a bit. This concept can teach us a lot about personal and professional boundaries.

One of Carson City’s Most Popular Trainers Passes the Torch

Pilates-studio-carson-body-by-pilates
Pilates-Studio-Carson-city

On Sept. 1 the Carson City fitness mainstay Body by Pilates studio will be changing hands as Master trainer and founder Jan Shaw will be handing over the reins to Carson resident and certified Pilates instructor Angela Kennedy.

Shaw became interested in Pilates after a chance meeting with legendary trainer Leslee Bender. Jan trained at Bender’s Reno Studio receiving her certifications and opened Body by Pilates in 2003. The studio quickly became a local favorite for Pilates training and Yoga and has remained a popular training campus throughout the last decade.

Carson City job fair set for Sept. 26

As many as 45 employers will take part in an upcoming Job Fair sponsored by Carson City Health and Human Services, Job Opportunities in Nevada, and the Carson City Chamber of Commerce.

The event is Friday, September 26 from 2 to 4:30 p.m. for the general public. Veterans will be able to enter the Job Fair at 1:30 p.m. for early admission.

The Job Fair will be located in the large gym at the Carson City Community Center on 851 East William Street, Carson City, Nevada 89701.

5th Annual Chairman’s Scramble Golf Tournament

Event Date: 
September 26, 2014 (All day)
Thanks to our golfers last year, we were able to raise $2,000 to present to Carson High to send their best and brightest kids to competitions within the state and nationally, and we are pleased to report they did amazingly well.

We want to offer you the opportunity to again enjoy a day of golf on one of Carson City's finest golf courses followed by a very special barbecue to be cooked and served by the Culinary Pro Start and Skills USA students under the direction of the ProStart NATIONAL Teacher of the Year, Penny Reynolds who oversees the culinary programs at Carson High.

Column: What about Section 179 depreciation deductions in 2014?

For 2012 and 2013 if your business purchased equipment, you could claim the entire cost as a deduction in the year of purchase (up to $500,000). Until the law for 2014 is changed, the Section 179 deduction is limited to $25,000.

For 2014 we just don’t know yet. Congress may elect to make the Section 179 depreciation deduction the same as in 2013, but they have not acted on that yet.

What Works: Does your organization need therapy?

The environment you are surrounded by at work can lift you up, propel you forward, pull you down, or trigger feelings of being stuck. In some organizational cultures, a cycle perpetuates itself that is very similar to abuse. What do you do if your organization is stuck in such a cycle? You get therapy.

As a leader, there are a few ways you can do this without pulling in an outside facilitator. Although, if things have gotten to the point where the needle can’t move with internal efforts alone, a facilitator may be necessary.

DIY Organizational Therapy

It's Your City with Starr Nixdorf

Starr Nixdorf co-owner of Paradise Salon, Spa and Wellness in Carson City is this week’s guest on It’s Your City. Starr talks about Professional Saleswomen of Nevada, a not-for-profit networking organization. Its current membership roster encompasses a wide variety of businesswomen and businessmen who share a mutual purpose.

Its mission is to attract the finest professional saleswomen in the community for the purpose of enhancing the profession of sales, furthering self-development and building a network of success-minded women sharing a common interest.

Nevada Medicaid Health Care announces new directors and Carson City office location

The Nevada Medicaid Health Care Guidance Program, a new integrated physical and behavioral care management program serving thousands of eligible Nevada Fee-for-Service Medicaid enrollees, is pleased to announce its leadership team: Cheri Glockner, Executive Director; Erin Snell, Behavioral Health Program Director; and Dr. Amy J. Khan and Dr. Ryan M. Ley, Medical Directors.

University offers classes on ways for Nevada farmers to extend growing season

Event Date: 
September 12, 2014 - 8:30am

With Nevada’s climate, more farmers are looking for ways to extend the growing season. University of Nevada, Reno’s High Desert Farming Initiative is offering a class for Nevada’s agricultural producers, “The Business of Season Extension Farming,” to provide information on field-tested methods for extending the growing season, as well information on reducing risk, low-cost marketing and financial planning. The course will be 8:30 a.m. – 4:30 p.m., Sept. 12 at the Nye County Cooperative Extension office in Pahrump.

What Works: Discovering opportunity in adversity

It was a typical Friday. I was between appointments at the corner of Goni and College Parkway when, out of nowhere, my vehicle lost power. There was no warning, no flickering lights, just “boom, boom, out go the lights” as the song goes.

Stuck in the turning lane, there was only one thing I could do, take action. I called my insurance company which offers free towing. While on hold with them, I texted and got my 5:30 p.m. appointment handled. Once I was assured the tow truck was on its way, I paused. Everything happened so fast.

Baldini's Casino breaks ground on High Sierra Brewery, Tim Mason named head brewer

Baldini’s Casino in Sparks has begun work on its latest addition, High Sierra Brewery, a 15-barrel brew house and restaurant slated to open in the fall of 2014.

Development of the brewery is the result of a partnership between Baldini’s and High Sierra Brewing Company owner Jim Phalan. Together, Phalan and Baldini’s General Manager Craig Soper have recruited award-winning brewer Tim Mason as Head Brewer for the new establishment. The brewery relocated after leaving Carson City earlier this year.

Column: Making this year's charity tax deductions

Giving your church or favorite charity is a wonderful thing to do. Getting income tax savings helps, but that is not really why you give them your time and treasure.

The stock market has been very good, most stocks moving up in price. If you have some stocks or mutual funds that have increased in value since you purchased them, maybe you could consider using some of them to make charitable gifts?

What Works: Learn from the past, don't live in it

Pasts — we all have them. Some are darker than others, but most provide timeless lessons we can use in the present. But what is the difference between learning from the past and living in it? How can you utilize the events of the past to make your life better today? This is something I am asked regularly and I face every day.

When you learn from the past, you take the lessons you picked up and apply them to the present in a positive way. Living in the past takes the past into the present and painfully rehashes it to the point where it has a negative impact, rather than a positive one.

Carson City Chamber welcomes Farmers Insurance Agency Owner Terri Baijounas

The Carson City Chamber of Commerce welcomed Terri Baijounas, Farmers' Insurance newest Carson City agency owner, with a ribbon cutting ceremony Thursday. It is the chamber's newest member and latest business to open its doors on John Street.

Baijounas, who has been affiliated with Farmers Insurance for 34 years in Nevada and California, set out on her own in May of this year with a branch as an agency owner.

Carson City sales tax up 7.8 percent in May

Carson City sales tax is up 7.8 percent in May this year as compared to May 2013, according to figures provided Wednesday to the Carson City Chamber of Commerce.

"We attribute that to all the new retailers that chose to open their doors here," said Chamber Executive Director Ronni Hannaman.

Here’s a brief synopsis from the Chamber:

Furniture Sales – Up 24.8 percent; Sporting goods were up by 101.2 percent; General Merchandise stores were up by 37.5 percent and food and beverage stores showed an increase of 16.1 percent.

Greater Nevada Expands Business Lending Services

Over the past year and a half, Greater Nevada Credit Union (GNCU), the area’s largest locally-based credit union, has seen more than 115% growth in its business lending portfolio. One of the credit union’s newest products, construction loans, is taking off just as rapidly, thanks to local businesses that want to expand, and the unique services offered by Greater Nevada to help them do it.

New Outreach Supervisor Joins Greater Nevada

Michelle Hale, Greater Nevada Credit Union Member Outreach Supervisor

Michelle Hale has been named Greater Nevada Credit Union’s new Member Outreach Supervisor. She will oversee both community relations and member outreach.

Her community relations responsibilities will entail acting as liaison between Greater Nevada and the organizations it supports, including the University of Nevada Marching Band and Wolf Pack Athletics, Special Olympics Nevada, and the Truckee Meadows Habitat for Humanity. She will also coordinate Greater Nevada’s financial literacy efforts through local schools and other groups.

Column: Documenting vehicle expenses

David H. Garza had vehicle expenses disallowed because he did not keep adequate records and evidence as Section 274(d) and the related regulations require.

He did not record the amount, time and business purpose of each business use of his truck. He worked as an outside sales representative for Time Warner Cable.

He claimed the vehicle expenses as employee business expenses on form 1040, Schedule A, Itemized Deductions. Time Warner Cable policy did not provide him with any reimbursement of his business driving.

What Works: Going with the flow

When you live in the stream of life, instead of fighting the current, you find a sense of peace. This is what I realized after a deer ran into my passenger side headlight this weekend on the way back from a little getaway.

Living the Good Life nightclub grand opening tonight

Event Date: 
July 25, 2014 - 5:00pm

Living the Good Life, a new upscale nightclub on the corner of Adams and North Carson Street, is celebrating its grand opening tonight with live music and dancing.

Doors open at 5 p.m., and close when the party stops. Starting at 9 p.m. Dane Reinhart will be playing music and serving as DJ.

Statewide June gaming revenue climbs, Carson City and Lake Tahoe see slight decrease

Gaming revenue for Nevada casinos rose more than 14 percent in June, while Carson City and Lake Tahoe area figures fell some for the month, according to the Nevada Gaming Control Board numbers released Friday.

Carson City area casinos, which include those in Minden, Gardnerville and all other areas of Douglas County except Stateline, report a 5.5 percent decrease in gaming revenue for June, taking in $7,934,128 compared to June 2013 where gaming profits were $8,396,690.

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $906,904,294 in June 2014.

Column: Some U.S. corporations are moving their tax domiciles to avoid taxes

The Congressional Research Service, a policy research arm of Congress, recently told Congress 76 U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes.

Moving the tax domicile is known as an “inversion." It is still rare, but it is becoming more common. The Congressional Research Service said 47 such deals have been done in the last 10 years and more are in the works.

What Works: Not all who wander are lost

I spent last Saturday and Sunday at Wanderlust, an amazing yoga, music, and meditation festival held at Squaw Valley each year. I feel blessed to live in Carson City and able to access festivals like this. People fly in from all over the nation to attend Wanderlust and I get to drive up and bliss out during the day and then sleep in my own comfy bed at night.

Going to this festival each year always adds tools to my toolkit, which I give freely to my clients and to you, my dear readers, today.

Here are the top ten things I learned at Wanderlust Squaw Valley this year.

WheelHouse skate, apparel and supplement store celebrates grand opening Saturday

The spirit of enterprise soars Saturday in Carson City with the grand opening of The WheelHouse, a skate, apparel, bike and supplement shop dedicated to those who push themselves upward in all the right ways.

Developed by three budding entrepreneurs committed to two and four-wheel adventures, WheelHouse is a concept store that offers a variety of urban and skate apparel, skateboards and bikes, as well as health and nutrition supplements.

Column: When can we expect tax reform?

With Congress all tied up and failing to agree on almost anything, I wonder when we can expect Congress to reform our tax laws. Recently a tax writer (staff) for the U.S. Senate vowed to work on overhauling the federal tax code by August 2015.

It is long past time to reduce the corporation income tax rates. Senator Ron Wyden said rate reduction to 24 percent (from 35 percent) is possible by “eliminating loopholes.”

What Works: Are you being kind to yourself?

This weekend provided a lesson in self-kindness I will never forget. It started with a group hike at Upper Thomas Creek Trail.

Hiking with a group, I thought, would make the experience more enjoyable. Unfortunately, initially, it didn't. It wasn't because of the group. It was because of what went on in my head as a result. In an effort to try to keep up with more experienced hikers, I focused outside myself and pushed myself too hard to keep up.

Nevada Moves Up 18 Places in Ranking for Best States for Business

Among the best states for business, the Silver State ranks No. 29 overall, a new analysis shows.

Column: Time To Be Positive

In a recent trip out of town, I found myself forced to face an ugly truth. I was beginning to let all the negativity in the news move my subconscious mind away from living in the positive side. As a cancer survivor, I can tell you that thinking negatively is bad for your body.

As a business owner, the key to the success of my business, and anybody else’s too, is what attitude we set for everybody who works with us. Just like our personal body, a negative attitude in our business is also bad for our business. If we have a great attitude, surprise, others seem to have one too.

Lake Tahoe home sales down, but prices remain steady from January to June

Home sales throughout Lake Tahoe continued to slow throughout the first half of the year, while home prices remained steady, according to a quarterly report released by Lake Tahoe-based real estate company Chase International. Despite an 18 percent decline in overall sales volume, the figures are still significantly higher than those of 2012.

Carson Station collects cash in July to Benefit Boys and Girls Clubs of Western Nevada

The Boys and Girls Club of Western Nevada have picked the Carson Station Hotel Casino in Carson City as its spotlight business of the month. This means for the entire month of July, General Manager Bruce Jabbour and his staff and their customers will be collecting money for a donation to the Boys and Girls Club of Western Nevada.

Terrie McNutt assumes Carson City Chamber helm

The Carson City Chamber was incorporated in 1945 and has just recently installed the 65th Chairman of the Board. Terrie McNutt, General Manager of the Silver Oak Executive Conference Center and Silver Oak Golf, was installed as chairman at the Chamber Annual Meeting, June 27.

She succeeds Gil Yanuck who now serves as the Immediate Past Chairman. McNutt is the eighth woman to serve as chairman since 1945. The first chairman, then called President, was Ella Broderick elected in 1948.

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