Taxes

Despite over ten months of pandemic in 2020, Northern Nevada is in an enormous period of growth. The Economic Development Authority of Western Nevada (EDAWN) has continued to work with quality companies attracted to the region for the tax benefits, work-life balance, welcoming community, and more. Thirty companies in total have relocated or expanded their…

Written By: Farah Vitale Apple is working to expand it’s data center east of Reno by investing $1 billion dollars! Reno City Council happily agreed to a deal for Google to invest millions of dollars in sales tax abatements for the data center at the Reno Technology Park. It’s located in the Truckee River canyon east…

Today, April 18, is Tax Day 2016. Due to Emancipation Day falling on Saturday, April 16 this year, it had to be pushed to the typical Tax Day, April 15. This in turn, pushed Tax Day to Monday, April 18. Emancipation Day is observed in commemoration of of the signing of the Emancipation Act by President…

There are certain tax deductions, more so than others, that can lead to an IRS audit. Not many things are as scary as an IRS audit and there are some tax deductions that can lead to a higher risk on your tax return. Be sure to take the right steps when reporting these three. Charitable…

Say no to cashing in that tax refund check. Here’s why. Are you excited for tax time for the sole purpose of cashing in that big refund check? In some scenarios, getting a large tax refund may not really be in your best interest and is actually taking money out of your pocket. The Government…

In the middle of tax filing season and maybe you haven’t filed yours yet because you aren’t sure how much you’ll pay? H&R Block lends their tips. Tax expert Jason Huot explains why there is such a large rang of costs for folks using a professional to file their taxes for them. Where do these…

With 2016 right around the corner, now is the time to help yourself save on taxes. There are many tax breaks associated with home-ownership, and the best way to maximize these is to move funds before the end of the year. Making a mortgage payment in early January can lower your IRS bill because it includes…

In the second half of the tax estimate tips and tricks, find out how different kinds of deductibles and rates of taxation can affect your return in April. 7. Claim dividend income Form 1099-DIV will determine whether or not your dividends from mutual funds qualify for the 15 percent tax rate or not. To figure…

As 2015 draws to a close, organize yourself to be better prepared for April. A little bit of tax planning can equal a lot of savings, so be sure to get your tax estimate started as quickly as possible using these tips. 1. Use a tax calculator Start estimating your taxes now to assess how…

 Gather your documents before you begin filing your taxes. Thanks to AARP, we have a compiled list of documents of what you should bring when getting assistance from your AARP Foundation Tax-Aide or your tax professional.   General Last year’s tax return(s) Social Security cards or other official documentation for yourself and all your dependents Photo…