Nevada (3)

Every business registered in the state of Nevada, except 501c nonprofit organizations, are subject to the Nevada Commerce Tax and must file the Commerce Tax Return by August 15th 2016, regardless of whether you have a tax liability or not.

Information on the new annual tax is available here:http://tax.nv.gov/WelcometoCOM/

You can also access the Nevada Commerce Tax Return, TXR-030.01, and instructions here: http://tax.nv.gov/Forms/Commerce_Tax_Forms/

We suggest you immediately contact your accounting professional for assistance with the associated filing requirement. If you require an extension in filing, please contact the Nevada Department of Taxation at 866-962-3707 or via their web site at http://tax.nv.gov

How to Video

Here is a link to a short video below, in case you have trouble viewing here, with instructions on how to file the return. There are additional videos available there to help with filing.

https://www.youtube.com/watch?v=PGvNIAIH0A8

Commerce Tax: Filing the Return

Nevada Dept. of Taxation

Please note, the 30 day and 6 month extension needs to be requested before August 15th, 2016.

The DOT is not sure if they will keep that date moving forward, but it has been verified that the 6 month extension is available to all new entities as a one-time, first taxable year courtesy. Each year following, only the 30 day extension will be available.

Please note, this is a new requirement passed by the legislature last year is being activated now.

Only those companies earning 4 million or more gross will have a tax liability, but every entity needs to register.

For further information or any other questions please contact Accumera LLC, via email, at info@accumera.com or, via phone, 518-937-9117.

888-467-1289

Nevada Business Owners (Mandatory Nevada Commerce Tax Filing Requirement)

Commerce Tax: Filing the Return

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