Thursday, June 27, 2019

Project 150 Luncheon











Nevada Commerce Tax Update – June 2019


Nevada Commerce Tax Update – June 2019

The Nevada State Legislature modified the filing requirements for the Nevada Commerce Tax.  Businesses with gross revenue below four million dollars for the July 1 through June 30th fiscal year no longer have to file a return.  Only businesses with gross revenue of four million dollars or more are required to file a return and pay the commerce tax due.  The due date for those returns remains August 14, 2019.  This change in the law is effective for the July 1, 2018 to June 30, 2019 fiscal year.  Please contact Ken R. Ashworth & Associates if you need assistance filing your Nevada Commerce Tax Return.

Wednesday, June 5, 2019

Who do I choose?


Who do I choose?

Things happen that are beyond our capacity. For instance, you receive a letter from the IRS stating they are going to audit your tax information for the past years. Another example can be that a family member has passed and left you as trustee of their estate.  What do you do?  First off, take a deep breath.  Know that there is help out there.

There are many attorneys who would like to speak to you. When choosing an attorney, make sure that they are the right fit for you.  Many will want you as a client and not all will fit your needs.  You should speak to family and friends to see if they have suggestions. They could suggest an attorney from their experience.

You can do research on the attorneys before you call to schedule an appointment. Doing your due diligence can save you time and money. Schedule to see more than one attorney before choosing the one that is right for you.  It will help you to feel more secure in your decision.

After scheduling your appointment write a list of questions and bring any documentation that you feel is pertinent to your case with you. Listen to what the attorney has to say and make sure that you feel comfortable with the attorney.

Know that you have a choice when needing an attorney. Rushing a decision can make you feel not so good and like you made a poor decision. Attorneys are people too and understand the hardships that you are facing.  They want to help.

Estate Plan & Taxes