State Tax in Nevada

Nevada tax law does not allow the state to levy any kind of personal income tax against its residents or resident workers.

Taxation law states the sales tax in Nevada is currently 6.5 per cent. Counties have the option of assessing options taxes. These taxes can bring the local sales tax to a rate as high as 7.75 per cent.

Nevada does not levy any kind of inheritance tax against its residents. Because of the elimination of the federal estate tax, the state of Nevada no longer requires filing these papers for anyone who died after January of 2005. If the federal government later reinstates the federal estate tax, it will then be necessary to file for those deceased.

The content of this article is for informational purposes only. If you are facing a tax audit, or other tax law issues, please consult with a tax attorney in your area to discuss your options.

e-Filing Nevada Taxes

Returns and payments can now be sent via the state of Nevada’s new involvement in the federal e-File system. The status of the taxpayers return and refund can also be checked online by using the same system.

 

 

Retirement And Taxation Law

Retirement funds are not assessed as there in currently no income tax imposed by the state of Nevada.

Business Taxation Law in Nevada

Employers must pay a modified business tax. It is a payroll tax that is paid quarterly and is based on the employer's gross payroll for that quarter.

Property Taxes in Nevada

Property taxes are assessed and collected by the county auditor and treasurer. Any billing and assessment questions should be directed to your local count auditor's office.

The content of this article is for informational purposes only. If you are facing a tax audit, or other tax law issues, please consult with a tax attorney in your area to discuss your options.
FEATURED LISTINGS FROM NOLO
Swipe to view more
NOLODRUPAL-web2:DRU1.6.12.2.20161011.41205