Category Archives: Nevada

I Was #254

Posted on March 14, 2012 by Russ

Investors Business Daily has an article today on the Sick Man of America: California: In 2011, more businesses (254) quit California than the year before (202), which was a high-water mark over 2009 (51). Last year, roughly five businesses left … Continue reading →

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Shockingly, the Nevada Resort Association Is Fighting a Tax Initiative on Nevada Resorts

Posted on March 4, 2012 by Russ

Last Wednesday the Nevada Resort Association filed a lawsuit in Carson City to block a proposed initiative that would increase the highest tier of gambling taxes in Nevada from 6.75% to 9%. The Las Vegas Sun reported that the lawsuit … Continue reading →

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Remember Gilbert Hyatt? (An Update)

Posted on February 19, 2012 by Russ

One of the blogs I read, How Appealing, posted a link to this story on California’s attempt to ban video games featuring “murder and mayhem” from being sold to children cost the Bronze Golden State $2 million. That’s nothing. There’s … Continue reading →

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Tax Foundation Releases 2012 Business Tax Climate Index; California, New York and New Jersey at the Bottom

Posted on January 25, 2012 by Russ

The Tax Foundation released their 2012 State Business Tax Climate Index today. And it was no surprise to see the bottom three composed of California, New York and New Jersey. These states have high taxes overall (California adds high regulatory … Continue reading →

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We’re Back, But Will the Sales Tax Deduction Come Back in 2012?

Posted on December 18, 2011 by Russ

I’ve moved into my new office, and everything is more-or-less running correctly in my new office in Las Vegas. There’s a new fax number (yes, there’s a real fax machine in my office) for those who need to send me … Continue reading →

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When Silver Is Better than Gold

Posted on December 2, 2011 by Russ

Today’s closing price for silver is $32.72 an ounce. Meanwhile, Gold is $1,749.35 an ounce. So how can silver be better than gold? If you’ve been a reader of this blog, you’ve seen me write numerous times about California’s tax … Continue reading →

Posted in California, Nevada, Taxable Talk | 12 Comments

Bozo Tax Tip #7: Nevada Corporations

Posted on April 8, 2011 by Russ

A repeat for the fourth year follows, but it’s one again getting a lot of play due to business conditions here in California. While I’m focusing on California and Nevada, the principle applies to any pair of states. Nevada is … Continue reading →

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Gilbert Hyatt and the FTB (An Update)

Posted on February 11, 2011 by Russ

When last I reported on the Gilbert Hyatt case, Mr. Hyatt had won nearly $400,000,000 (yes, that’s $400 million) in a lawsuit from the Franchise Tax Board. This case began when Mr. Hyatt moved from California to Nevada in 1992, … Continue reading →

Posted in Canada, Nevada | Tagged | 3 Comments

Las Vegas Looks to SoCal…Again

Posted on June 15, 2010 by Russ

The Nevada Development Authority is once again looking to move businesses in Southern California to Las Vegas. A series of new advertisements will feature talking primates; here’s one of the ads: Personally, I liked the lipstick pig advertisements better. No … Continue reading →

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Impure

Posted on May 29, 2010 by Russ

A couple of weeks ago I wrote about the coming crackdown on nightclubs, taxi drivers, and doormen in Las Vegas. One nightclub chain, Pure, yesterday took what they hope will be preventative action. Pure implemented a compliance program. Of course, … Continue reading →

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