Las Vegas Small Business Accounting Blog

February 20, 2020 By LLBCPA

What Corporate Taxes Do Businesses Pay in Nevada?

If you are thinking of starting a business in Nevada or relocating an existing business here, there are many reasons to do so. You can count on fantastic weather, palm trees, swimming pools, gambling, professional sports teams, 24-hour entertainment…wait, those probably aren’t the main reasons you considered in your business plans. Or maybe they are? We don’t judge. But let’s take a look at some of the major benefits of basing your business in the Silver State, especially in the critical area of corporate taxation.[Read more…]

February 10, 2020 By Larry L. Bertsch, CPA and Associates

Is a Nevada Business License Tax Deductible?

In the state of Nevada, you’re required to have a business license to operate your company. Are you wondering whether or not it can be considered a tax deductible expense for your business? Knowing the answer could save you some money during tax season.[Read more…]

January 15, 2020 By Larry L. Bertsch, CPA and Associates

What is the Business Tax Rate in Nevada?

person using a calculator with business paperwork

As the new year approaches, it’s essential for businesses to take a look at the state of their finances to get an idea of what they will look like moving forward. Of course, understanding the tax rates for both state and federal is an important component of this evaluation. For those businesses here in Nevada, this article will walk you through the specifics of the tax rates related to the state to help give you an idea of what you can expect to pay in taxes in 2020.[Read more…]

December 18, 2019 By Larry L. Bertsch, CPA and Associates

What Are the Best Small Business Tax Deductions for 2020?

woman hand putting money coin into piggy for saving money wealth

Each year, small businesses in Las Vegas look to lower the tax burdens. Sole proprietors, C or S Corporations, Partnerships, and Limited Liability Companies (LLC) all use tax deductions to offset the costs of doing business. The goal is to find the best tax deduction to reduce the liability while providing a benefit for the business. Making a tax mistake as a business owner can be costly. It’s a good idea to meet with a tax accountant to talk about the new small business tax deductions for 2020 that could be overlooked.

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September 16, 2019 By Larry L. Bertsch, CPA and Associates

How Much Is Payroll Tax in Nevada?

Nevada is renowned for its lenient taxation policies, but does this apply to payroll taxes? If you’re starting a new business in Nevada or relocating yours here from afar, you’ll want to know about your payroll tax obligations. Falling behind on your taxes can lead to costly fines and penalties, possibly causing you to change your business plans to handle them. Take some time to learn about Nevada’s payroll tax laws so you can stay ahead of your obligations and keep your business in good standing.[Read more…]