As you may be aware, the 2015 Nevada Legislature and Governor Sandoval created a new gross receipts tax that affects Nevada businesses. The tax has commonly been referred to as the “Commerce Tax” and will impact all Nevada businesses. Although the tax will only be due on gross receipts that exceed $4,000,000, all Nevada businesses will be required to report to the State. This may seem like old news, but as with all things, the devil is in the details. You have the ability to have your voice heard and have the State take your business concerns into account as the details are being created.

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