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HomePosts Tagged "tax"

Stories tagged with: tax

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Las Vegas Tourism Slump Hits Allegiant Stadium Room Tax Revenue Amid Event Success

Tuesday, December 2 by Nick Bonsanto
Las Vegas is experiencing a notable tourism slump, and its impact is being felt in the room tax revenues that help pay for Allegiant Stadium. According to data from the Las Vegas Stadium Authority, room tax collections dedicated to repaying the $750 million in... Read More.

Mark Wahlberg Vows to Keep Pushing for Summerlin Studios Despite Nevada Tax Credit Setbacks

Tuesday, November 25 by Nick Bonsanto
Actor and Las Vegas resident Mark Wahlberg remains committed to the vision of building “Hollywood 2.0” in Summerlin, despite the Nevada Legislature’s third rejection of expanded tax credits for the proposed Summerlin Studios project. Assembly Bill 5, which called for $120 million in annual... Read More.

Nevada Senate Rejects Summerlin Studios Film Tax Credit Plan in Close Vote

Thursday, November 20 by Nick Bonsanto
Nevada Lawmakers Reject Summerlin Studios Film Tax Credit Proposal in Special SessionIn a closely watched and contentious special legislative session, Nevada lawmakers once again rejected a proposal to offer major tax incentives for the creation of a Hollywood-style film studio in Southern Nevada. Assembly... Read More.

Clark County Extends Inflation-Adjusted Fuel Tax Through 2036 to Fund Road Projects

Wednesday, November 19 by Nick Bonsanto
Summary of Clark County Fuel Tax Indexing ExtensionThe Clark County Commission voted to extend inflation adjustments (indexing) to the local fuel tax for an additional decade, ensuring these adjustments remain in place until at least 2036, when voters will have the opportunity to decide... Read More.

Nevada Lawmakers Clash Over Film Tax Credit Expansion and Summerlin Studios Project

Wednesday, November 12 by Nick Bonsanto
Lobbying around a bill to expand Nevada’s film tax credit program is intensifying as lawmakers prepare for a special legislative session expected later this week. At stake is the proposed Summerlin Studios project, a large film campus that supporters say would diversify the state’s... Read More.

Ohio Extends 2025 Sales Tax Holiday to Two Weeks for Back-to-School Savings

Wednesday, July 30 by Lyle F
Ohio's 2025 sales tax holiday begins Friday, offering back-to-school shoppers an extended opportunity to save. This year's program, expanded by the state, will run from midnight Aug. 1 until 11:59 p.m. Aug. 14. During this period, Ohio consumers can enjoy a sales tax exemption... Read More.

What Workers Should Know About New No Tax On Tips Regulations

Thursday, July 10 by Nick Bonsanto
Millions of U.S. workers who earn tips and overtime pay may soon be eligible for a federal tax break when they file their 2025 income taxes, under a new bill signed into law. This initiative requires the U.S. Treasury Department to publish a list... Read More.

Democratic Rep. Dina Titus Fights for Fair Gambling Tax Deductions with New Legislation

Saturday, July 5 by Nick Bonsanto
Democratic Nevada Rep. Dina Titus plans to introduce the FAIR BET Act to address a change in gambling tax deductions introduced in President Trump's budget. The new provision allows bettors to deduct only 90% of their losses against 100% of their gains, compared to... Read More.

House Passes Major Tax Policy Eliminating Taxes on Tips and Overtime Pay

Thursday, July 3 by Nick Bonsanto
The recent passage of a significant tax policy by the House of Representatives introduces major changes, including the elimination of federal income taxes on cash tips and overtime pay. This legislation, known as the "big beautiful bill," is part of President Donald Trump's $4.5... Read More.

Nevada Officials Oppose Proposed “Big Beautiful Bill” Tax Changes That Impact Gamblers

Wednesday, July 2 by Nick Bonsanto
A proposed amendment in the Senate-passed federal budget bill has sparked concern among Nevada officials and casino stakeholders due to its potential impact on the gambling industry. The amendment aims to limit declarable losses for gamblers, which could significantly affect high-limit and professional gamblers... Read More.
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