1 / 0

Understanding Nevada's Margin Tax Initiative Presented by CPA Curt Anderson

Gain insights into Nevada's Margin Tax Initiative compared to Texas Franchise Tax. Identify the impact on individuals, including construction contractors, real estate brokers, and controlled groups. Find out about key differences and how to navigate this tax law effectively.

joylyn
Download Presentation

Understanding Nevada's Margin Tax Initiative Presented by CPA Curt Anderson

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Margin Tax Initiative

    Presented By: Curt Anderson, CPA June 6, 2014
  2. This is NOT just like the Texas Franchise Tax Rate is 2-4 times the Texas Rate Nevada Law taxes individuals Lacks Texas Law Clarifications for: Construction Contractors Real Estate Brokers Controlled Groups No $1,000,000 Exemption You CAN lose real money and owe the tax Cannot be changed for three years Cost of Compliance State Costs of Administration Tax Payer costs of Compliance Education Initiative Proposed Margin TaxKey Concerns falcpa.com
  3. Family Owned Restaurant 2012 Tax Return falcpa.com
  4. Family Owned Restaurant 2012 Tax Return Continued falcpa.com
  5. Website Hosting and Services 2012 Tax Return falcpa.com
  6. Website Hosting and Services 2012 Tax Return Continued falcpa.com
  7. Family Owned Rental Real Estate Investment Enterprise 2012 Tax Return falcpa.com
  8. Family Owned Rental Real Estate Investment Enterprise 2012 Tax Return Continued falcpa.com
  9. Design Studio 2012 Tax Return falcpa.com
  10. Design Studio 2012 Tax Return Continued falcpa.com
  11. Automotive & Accessories Retail Sales2012 Tax Return falcpa.com
  12. Automotive & Accessories Retail Sales2012 Tax Return Continued falcpa.com
  13. Construction Wholesaler 2012 Tax Return falcpa.com
  14. Construction Wholesaler 2012 Tax Return Continued falcpa.com
  15. Small Medical Practitioner 2013 Tax Return falcpa.com
  16. Small Medical Practitioner 2013 Tax Return Continued falcpa.com
  17. Patient Care Facility 2012 Tax Return falcpa.com
  18. Patient Care Facility 2012 Tax Return Continued falcpa.com
  19. Education Initiative Proposed Margin TaxEffective Tax Rates2012 & 2013 Tax Return Info falcpa.com
  20. Thank you for your time and attention falcpa.com
More Related