News

Benefit Corporations

On January 1, 2014, the Nevada Secretary of State began accepting filings for a new entity, the benefit corporation, or “B corp.” Traditional corporations labor under an obligation to turn a profit for shareholders.  A corporation’s failure to do so can result in a shareholder derivative suit, where the individual shareholders sue the management or […]

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No Crowdfunding, Not Yet

No Crowdfunding, Not Yet

December 6, 2012 The Nevada Secretary of State just today issued a press release warning businesses about crowdfunding.  Simply stated, crowdfunding describes the method by which an organization can raise money from a pool of contributors, each of whom pony up a small amount of dough, often through crowdfunding sites on the internet.  Small businesses […]

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Amazon to Collect Sales Tax from Nevada Residents

On April 23, 2012, Nevada Governor Brian Sandoval and Amazon.com announced an agreement that Amazon would begin collecting sales tax on purchases made by Nevada residents starting at least January 1, 2014. Even when Nevada residents make a purchase that doesn’t involve paying sales tax, Nevada law requires them to remit the equivalent sales tax […]

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Get Involved as a Mentor for the Clark County School District

Earlier this week, Clark County School District Superintendent Dwight Jones announced the Reclaim Your Future program, in which mentors from the community are paired with high school students to help raise the graduation rate.   CCSD is partnering with the United Way, Workforce Connections, the Las Vegas Chamber of Commerce, and Vegas Young Professionals to […]

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Small Business Rapid Resourcing Event

Small Business Rapid Resourcing Event

 It takes a village to run a business.  And by “village” I mean if you’re a business owner in Nevada, chances are you’ll run across the Secretary of State, the Department of Taxation, the IRS, and the city and county business license bureaus, among many others.  Are you aware there are organizations like SCORE and […]

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Was Your Corporate Status Revoked This Week?

Was Your Corporate Status Revoked This Week?

PRESS RELEASE:  On September 8, 2011, the Nevada Secretary of State revoked the corporate status of over 400 businesses whose registered agent, Power Point Management, Ltd., failed to respond to requests for information from the Secretary’s office.  If you used Power Point Management as your registered agent, and your own address was not registered with the […]

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Nevada Secretary of State Tackles Corporate Ownership Fraud

Nevada Secretary of State Tackles Corporate Ownership Fraud

PRESS RELEASE: If you formed a Nevada entity as a shell corporation or in order to evade taxes, launder money, or violate securities laws, Nevada Secretary of State Ross Miller and his newly-appointed Corporate Ownership Fraud Task Force are coming for you.  The Secretary’s office is working closely with the IRS to fight these fraudulent […]

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Beware of Deceptive Solicitations from “Registered Agents”

Today the Nevada Secretary of State issued a press release warning companies about fraudulent solicitations from companies offering to update your entity and requesting filing fees.  Because many of these solicitations include official forms downloaded from the Secretary of State website, they appear to be official, though they’re not.  Often, by returning these forms with […]

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Financial Incentives for Hiring Unemployed Nevadans

Financial Incentives for Hiring Unemployed Nevadans

This month’s issue of the Las Vegas Chamber of Commerce‘s Business Voice features an article about Silver State Works, which provides businesses financial incentives for employing out-of-work Nevadans. Employer-Based Training Silver State Works will provide a training allowance to a business providing 24 hours of training a week, for a total of up to six […]

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