Posts

Showing posts with the label Nevada

Nevada Tax Increase

Image
White Pine County is increasing sales and use tax rate.  Effective July 1, 2012 the White Pine County Tax Rate will be increasing from 7.475% to 7.725% The White Pine County Commission voted to reinstate a local option sales tax.  The proceeds of this tax will go towards the operation and maintaining of an indoor swimming pool for White Pine County. Those who collect and remit sales and use tax will need to make changes to business processes as necessary in order to collect the new rate. View the official document  here.

Nevada Child Support Info for Employers

Image
Do you have questions about income withholding regarding child support laws? Here is the official notice with all the information you need to know! Income Withholding Order/Notice Income withholding is the court or administratively ordered deduction of a specified amount from a parent’s income for payment of child support. All employers must honor an income withholding order/notice for child support from any state. Out-of-state income withholding orders/notices are valid throughout the country including US Territories. All states are required to use a standardized withholding form entitled Order/Notice to Withhold Income for Child Support (OMB No. 0970-0154). A child support income withholding order/notice must be paid before all other garnishments, with one exception. The only exception is a Federal (IRS) tax levy entered prior to when the child support order was established. It is the date the child support order is established, and not the date the withholding order/no...

Nevada Child Support Info for Employers: "Need to Knows"

Image
Income Withholding Order/Notice Income withholding is the court or administratively ordered deduction of a specified amount from a parent’s income for payment of child support. All employers must honor an income withholding order/notice for child support from any state. Out-of-state income withholding orders/notices are valid throughout the country including US Territories. All states are required to use a standardized withholding form entitled Order/Notice to Withhold Income for Child Support (OMB No. 0970-0154). A child support income withholding order/notice must be paid before all other garnishments, with one exception. The only exception is a Federal (IRS) tax levy entered prior to when the child support order was established. It is the date the child support order is established, and not the date the withholding order/notice is served on the employer, that determines precedence. The employer deducts the specified amount of child support each pay period and sends it to the:...

NV Sales Tax Rates Change July 1st

Image
If you are a Nevada business person or resident, you should be aware that the State Legislature passed an increase in the Sales & Use Tax rates that become effective July 1, 2009 (just 20 days from now). You will need to change your cash registers, accounting software and web store rates in order to be compliant. Look for my podcast later this week for tips you'll need for changing your tax rates in QuickBooks. I'll do a similar post for Peachtree users. Nevada Sales Tax Rates Effective 7.1.09 Carson City 7.475% Churchill 7.60% Clark 8.10% Lyon 7.10% Douglas 7.10% Elko 6.85% Esmerelda 6.85% Eureka 6.85% Humbolt 6.85% Lander 7.10% Lincoln 7.10% Mineral 6.85% Nye 7.10% Pershing 7.10% Storey 7.60% Washoe 7.725% White Pine 7.475% I hope you find this useful...check back for more QuickBooks Gal tips. Got a QuickBooks Mess ? Call The QuickBooks Gal! If you are looking for QuickBooks Enterprise Support, QuickBase Support, Point of Sale Support or if you're looking for Cash Re...

Quarterly Payroll Reports - Federal & Nevada

Image
“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. Quite often, I get calls from folks who do their own payroll with questions about the standard payroll tax reports that need to be filed. Since I am in Nevada, I would like to recap the payroll reports, Federal and State, that need to be filed quarterly. Here's a quick Check-list of the quarterly and annual reports you will need to file if you live in Nevada: 941 Employers Quarterly Federal Tax Return Nevada State Unemployment Nevada Modified Business Tax 940 FUTA Nevada Child Support Collection Fee Let's take these one by one, quarterly a...

Changes to Nevada Minimum Wage

Image
Hi, I'm the QuickBooks Gal. Today's Quicklet is a reminder to those of you who process your own payroll that on July 22, 2007 the new Federal Minimum Wage Law took effect. There are several guidelines that we employers should be aware of now in order to assure proper compliance. In addition, many state or local statutes may have been revised, so you might want to check with your state's labor commission regarding the new Federal guidelines and any additional state regulation that may apply. Here in Nevada, state minimum wage regulations are impacted by a law that became effective on July 1, 2007. If you do not use a payroll company such as ADP , Odyssey Business Services , or Payroll Systems of Nevada , you should make sure that you understand the new statutes with particular regard to how hourly overtime is calculated in order to assure that you are in compliance. I've put a link on my blog for Nevada employers who want more information on the new state regulation...