taxes

2021 tax tips

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Submitted by Tonya Perkins Electronic filing for the 2021 Tax Year begins Jan. 24. There are multiple changes relating to this tax year, and the following are just a few examples. If you paid child and dependent care expenses in 2021, you are now eligible for a refundable credit. Taxpayers receiving an Economic Impact Payment (Recovery Rebate Credit) between March 1 and … [Read more...] about 2021 tax tips

Some tips for tax season

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As people and businesses start preparing their 2020 tax returns, there are a few changes to keep in mind.  Tax preparer Tonya Perkins of Tonya’s Tax Service in Caliente offers the following tips. While tax returns may be prepared now through Feb. 11, the IRS will begin accepting and processing 2020 tax returns Feb. 12. The IRS anticipates a March 1 refund for many … [Read more...] about Some tips for tax season

Nevada state and local taxes already too regressive

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In this presidential election year there has been an ongoing and vigorous debate, nay, a knock-down-drag-out fight over the question of whether the wealthy pay their fair share of federal taxes. There is ample ammo for both sides of that argument. But when it comes to state and local taxes there is no debate. The tax data from nearly every state shows those tax practices are … [Read more...] about Nevada state and local taxes already too regressive

Governor calls for tax increase in state address

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Republican Governor Brian Sandoval gave the State of the State address last week, and presented a letter that would be enclosed in a time capsule to be opened in 50 years, when Nevada hits its bicentennial age. Sandoval stated that the governor?s ?success or failure? in the year 2064 would, ?largely depend upon our decisions […] This article is available to … [Read more...] about Governor calls for tax increase in state address