Taxes

The defeat of efforts to repeal the commerce tax shows that Nevada’s political establishment – controlled by Big Gaming and Big Unions – owns not only many officeholders of both political parties but nearly all of state and local government.

Many large corporations and industries in recent decades have decided to join – not fight – the destructive liberalism and predatory agendas of the bi-partisan establishment and the selfish union and other special interests that jointly dominate US politics.

Assemblyman P.K. O’Neill strongly disagreed with claims by his three primary opponents Tuesday night the votes he and others cast during the 2015 Legislature seriously damaged Nevada as a business frien ...

Candidates for Carson City Mayor and State Assembly District 40 addressed a nearly full house of voters at the Brewery Arts Center Performance Hall Wednesday night during a candidate forum sponsored by the Carson City Chamber of Commerce.

The candidates participated in a structured debate moderated by Nevada Appeal Editor Adam Trumble.

As a group, they were asked questions on specific topics and each given two minutes to provide a response.

It is difficult to ask for help. Sometimes parents need to ask their children for assistance in handling financial matters. One of the most important things is for the parents to do is the power of attorney for financial matters.

The Nevada Appeal had a letter-to-the-editor (dated May 1, 2016) stating:
The Downtown Project is more than aesthetics and declared: “Seventy percent of the total expenditures of the downtown project, currently underway, are for vital infrastructure improvements that are failing and run right down the middle of Carson Street under the medians.”
Here are the most up-to-date facts on funding amounts presently available for this project.

Downtown Streetscape Funding
Description Funding
Water $2,029,000.00
Sewer $637,000.00

Gov. Brian Sandoval and his allies don’t think voters should have a say on the commerce tax they snuck through in the closing hours of last year’s legislature.
They're entitled to their views. However, they’ve been wildly misrepresenting key facts about the matter and about the actions and words of Ron, who is leading the effort to repeal the tax. Below, we set them and the record straight.

The Treasury Department recently told of the efforts to curtail tax evasion. Some proposed regulations would use the recent release of the “Panama Papers” to audit the high-profile individuals and overseas tax havens largely used to hide cash and avoid taxes.

Tuesday the Executive Board voted to remove Assemblyman PK O'Neill from the Carson City Republican Party. There has been much press and he has a very good writer who accentuates his few highly selective non-controversial votes while in the legislature and ignores the bulk of his decisions. Obviously our action is not due to his non-challenging votes but rather his many dubious ones. He does not acknowledge his campaign promises. He does not discuss attending a CCRP meeting at which he asked for our direction on this tax issue.

“Every American city, whether it prides itself on its public sculptures or deep-dish pizza, on hot-air balloons or woolen jackets, on abundant trout streams or Greek architecture, needs to develop that identity, or if it has been allowed to escape, remember what it once was.”

That single sentence written by Robert E. Price, author of “The Bakersfield Sound” and award-winning Executive Editor of the newspaper Bakersfield Californian, struck a chord with me, for as we go forth with our “reimagining,” we still don’t have a clear vision/identity of who we were or who we are today.

Suppose you (or a someone you know) has business profits in 2015 but would like to save income taxes by doing a retirement plan contribution. However, they did not get around to setting up a standard Profit Sharing or Pension Plan before Dec. 31, 2015.

Suppose you just don’t have your 2015 Individual Income Tax Return ready to file by Monday, April 18, 2016. Maybe you have not received the Schedule K-1 from a partnership of S corporation or a trust or estate. Maybe you just have not found time to get the return prepared.

Obama's third term as President

The Carson City Redevelopment Authority is offering grants of up to $25,000 to improve the exterior façades of commercial buildings within the Redevelopment District. The grant can be used to make improvements to the exterior of existing commercial buildings, including signs. The grant requires the property owner to pay at least half the cost of the improvements. A total of $200,000 has been allocated to the program.

I should not have done it, but old habits, and common sense, die hard. Carson Street is the main drag through town, always was, always will be, for going between the north and south sides of town. Just look on the map. There are no through-street alternatives that run the length of town, from College Parkway to Clearview Drive; only fragments, most of which are residential.

Carson City – Amid increased campaign momentum, Carson City resident Chris Forbush officially declared his candidacy for Assembly District 40 on March 18th.

Since being the first candidate to announce his bid for the Assembly seat back in January, Forbush has been building a strong organization prepared to reach every Republican voter in the District in person before the Republican Primary on June 14th.

The following was submitted on Saturday by John Wagner of Carson City who filed for Nevada State Assembly District 40:

"John Wagner filed for the State Assembly in District 40 as a member of The Independent American Party. John lives in Carson City with his wife Sidney.

Adding yet another name to the race for Carson City Mayor, Carson City resident Chris Carver announced his candidacy for the office late this afternoon. Mr. Carver's candidacy brings the number of candidates to four.

Mr. Carver is a five year resident of Carson City, a retired Army officer, and a retired Department of Homeland Security Intelligence Officer. He holds a Bachelor of Science degree from the University of New York and a Master of Science Degree from the National Intelligence University.

Stand Tall, Healthy Communities Coalition of Silver Springs will host an anti-smoking event Wednesday that will educate seventh through 12th graders about the dangers of tobacco use and the tobacco industry’s marketing tactics.

Kelly Colvin has been named the new audit division chief for the Nevada Gaming Control Board, the agency announced Monday. Colvin replaces former Audit Division Chief Shirley Springer who retired in February.

I admit it: I was going to ignore the stunt news conference by state Senate Minority Leader Aaron Ford and -- cue t ...

The following was submitted by Al Kramer, who filed for Nevada Assembly District 40:

We cannot tax our way to prosperity.
Nevada needs to attract employers with good jobs. The State's business environment needs to be stable with future changes foreseeable.

That means they need to know that lawmakers will not raise taxes on them as soon as they begin to make a profit. The Commerce Tax passed during the last session moves the State in the wrong direction. If we want our children and grand children to live in the area, there must be jobs. We can't get attract the employers we need if we keep increasing taxes.

“I must study politics and war, that our sons may have liberty to study mathematics and philosophy … geography … commerce and agriculture in order to give their children the right to study painting, poetry, music and architecture …”

“No pain, no gain!” For years, exercise buffs have encouraged people to hit the gym with this phrase.
Would as many have been eager to get off the couch if the rallying cry had been, “All pain, no gain”?

Each year, the Nevada controller’s financial reports have included an “economic outlook” section, as have reports by many government agencies and business, academic and journalistic entities. Nearly all such assessments are based on business-cycle analyses focused on economic sectors and geographic regions in the short and intermediate terms.

Sometimes folks ask "is IRS really trying to collect from those who try to cheat on their taxes-not report all the income"?

On Jan. 29 Acting Assistant Attorney General Caroline Ciraolo gave some information on what is being done on folks and banks that try to hide foreign bank accounts and not report the income earned.

Led by double-digit increases in construction, wholesale durable goods and home furnishings sales, taxable sales increased 6.2 percent statewide in November.Total reported sales were more than $4.2 bi ...

If an employee receives tangible personal property such as skis, tires, clocks, television sets, radios, clothing, etc. and the value is not more than $400, then it can be tax free if it qualifies as an employee achievement award.

That is tax free of income, social security, medicare and unemployment taxes for both the employee and the employer. The award can not be cash, gift certificates, vacations, meals, lodging, tickets to events, stocks, bonds or other securities.

Al Kramer, former Carson City Treasurer, has announced he will run for Assembly District 40, which includes Carson City and a portion of South East Washoe County.

Kramer was the elected treasurer for Carson City from 1995 through 2015. Those who know him from his service as City Treasurer will acknowledge his efforts to go the extra mile in providing service to the citizens of Carson, and the trust that evolved because of this professional service. This past year he served as the Investment Deputy for the State Treasurer.

Carson City – Chris Forbush is pleased to announce his bid for the Assembly District 40 seat in the Nevada State Legislature.

IRS Code Sec. 170(f)(8)(A) says no charitable contribution deduction for any contribution of $250 or more is allowed unless the taxpayer substantiates the contribution with a contemporaneous written acknowledgment (CWA) of the contribution by the donee organization (the charity).