The New “Game” Plan: Professional Sports in Nevada – Game On!

Beginning this month, you will notice a new department in Nevada Business Magazine. Entitled “Game On”, this feature will cover the business of sports in the Silver State. Starting with a focus on the Vegas’ Golden Knights hockey team, “Game On” will comprehensively report on the businesses and lifestyles of major players in this emerging… [More…]

Commerce Tax Repeal: The Process Begins

Passed during the 2015 legislative session in Nevada, the Commerce Tax, or Senate Bill 483, has been a sore spot for business owners over the past two years. It’s a frustrating tax for several reasons, not the least of which is, the year before, Nevadans voted against a similar tax only to have the legislature… [More…]

The Axe that Never Fell: Overtime Rule Permanently Invalidated

Last year, business owners across Nevada were facing a serious challenge to employee compensation in the form of changes to the overtime rule. As it stands now, overtime is required for any employee working over 40 hours but provides an exemption for executive, administrative or professional employees. The law is part of the Fair Labor… [More…]

The War Wages On: Minimum Wage In Nevada

As the minimum wage debate resonates throughout Nevada, businesses are bracing for, what could be, a substantial increase in minimum wage. This year the state House and Senate separately passed two hastily drawn up laws to increase the minimum wage in Nevada, both of which were ultimately vetoed by the Governor. What they did end… [More…]

Great News: AB 280 Long Over Due

Assembly Bill (AB) 280, sponsored by Assembly Speaker Jason Frierson (D), among others, establishes a preference in bidding for Nevada companies on state contracts. This preference has been sorely needed as we’ve seen Nevadan’s tax dollars go to out-of-state companies for in-state projects. The Bill, which was signed into law on June 13th and went… [More…]

So Long Dave … And Other Nevada Companies

As a long-time Nevadan, I’ve always been proud to say our state is among the nation’s most business friendly. However, with recent legislative action, we’ve lost much of our edge and we can no longer tout Nevada as a beacon for new business. Take for example, my friend Dave, who owns a successful promotional products… [More…]

Partner: A Business Leader’s Role in Education

Education has been a hot-button topic for a long time in Nevada, and for good reason. It’s no secret that our educational system is failing by nationally measured metrics. You can chalk it up to non-involved parents, a high population of ESL students or school districts that are simply too large, it doesn’t change the… [More…]

Intrusive and Unnecessary: Commerce Tax Registration

Has your company registered for the Commerce Tax? If so, you’ve obeyed the law, but you’ve also put yourself at risk unnecessarily. This tax was passed by the 2015 Legislature, supposedly to help fund education, and it applies to every company doing business in Nevada whose gross receipts are $4 million or more. However, every… [More…]

Businesses and Universities: The Great Divide

If you’re in business and you’ve ever tried to have a conversation with a tenured professor, you’ve quickly realized there’s a vast difference in their thought processes. While successful business folks are pragmatic in their approach to problem solving, most educators at the university level are more idealistic. There’s also an entitlement mentality not found… [More…]

Connecting the State: Nevada Business Magazine Turns Thirty

This issue marks the first in our 30th Anniversary year and, as I reflect on the last three decades, I am struck by the progress we’ve made. Remaining a statewide voice for business, the only such publication in Nevada, has been no easy feat. The state’s economies, including Reno, Las Vegas and our rural communities,… [More…]