Southern Nevada The Las Vegas office vacancy rate declined for the second consecutive quarter, reaching 25.9 percent by the close of the third quarter of 2013. Although the latest period represents a decline of 40 basis points when compared to the prior quarter, vacancies remain elevated. Compared to a year ago, the vacancy rate is up 10 basis points. Despite no completions … [Read more...] about Office Summary: Third Quarter 2013
Departments
December 2013: Business Indicators
Advanced estimates for third quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.8 percent, a slight improvement over the 2.5 percent growth experienced in second quarter 2013. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential … [Read more...] about December 2013: Business Indicators
Should judges be elected or appointed?
“Ever-growing judicial campaign finance coffers, endorsements from political groups and low voter turn-out in judicial elections all contribute to citizens’ lower confidence in the judiciary. Selecting our judges based on merit through a bipartisan commission and appointment process is crucial to a fair and impartial judiciary, and necessary to maintain our democratic … [Read more...] about Should judges be elected or appointed?
Chapter 11 for Individuals: Three Key Differences from Business Reorganizations
Chapter 11 is primarily a vehicle for businesses to reorganize, but can also be utilized by individuals (i) who have debts that exceed the limits for “wage earner” repayment plans under Chapter 13; and/or (ii) earn too much to be eligible for a Chapter 7 liquidation. For example, Chapter 13 is only available to debtors with less than $383,175 in unsecured debt (debts that are … [Read more...] about Chapter 11 for Individuals: Three Key Differences from Business Reorganizations
Estate Tax Changes Require Immediate Attention
Many people likely recall Congress’ so-called “fiscal cliff” negotiations at the end of 2012, which resulted in a great deal of commotion regarding changes to the income tax. Most of us have encountered these changes to some degree, but fewer people are probably aware that as a result of the “fiscal cliff” negotiations Congress also enacted permanent changes to the federal … [Read more...] about Estate Tax Changes Require Immediate Attention
Campaign Finances — But I want to Give More! The Struggle between the First Amendment and Corruption
“I am not a crook.” In the wake of violations in the Watergate Scandal, the Federal Election Commission (FEC) was created in 1974 to oversee and enforce campaign finance regulations and the Federal Election Campaign Act was amended to limit campaign contributions. Two years after the Watergate scandal, the US Supreme Court in the case of Buckley v. Valeo heard its first … [Read more...] about Campaign Finances — But I want to Give More! The Struggle between the First Amendment and Corruption
Preparing for the Affordable Care Act
No issue in last five years has been as polarizing as health care reform. Baring a repeal of the law, however, ACA will forever change the way Americans obtain health insurance coverage, access health care services and view the health care system. For businesses, understanding and complying with ACA will soon become a reality of everyday life. The many upcoming changes … [Read more...] about Preparing for the Affordable Care Act
Legal Remedies to False On-Line Attacks by Customers or Clients
Your customers are talking about you – and the whole world is listening: “Total rip-off!” “Terrible customer relations.” “Completely botched it and charged me twice as much as quoted.” When unhappy customers post these types of comments (or worse) about your business on-line, your reputation – and business – can suffer. For most businesses, especially small … [Read more...] about Legal Remedies to False On-Line Attacks by Customers or Clients
Homeowner’s Bill of Rights
On October 1, 2013, Nevada’s Senate Bill 321, or what is commonly referred to as the Homeowner’s Bill of Rights (HBR), went into effect. The HBR applies only to owner-occupied homes, and adds the following steps to the foreclosure process: No less than 30 days after a homeowner defaults, but at least 30 days before a lender either (a) files a “notice of default and election … [Read more...] about Homeowner’s Bill of Rights
Five Questions to Ask Before Becoming a Business Owner
Owning a small business in Nevada can be extremely rewarding, but the stakes are high. Only half of all new businesses survive five years or more, and about one-third survive 10 years or more, according to the U.S. Small Business Administration. Often entrepreneurs go into business with a good idea and a sharp focus on pursuing a passion but can overlook some key business needs … [Read more...] about Five Questions to Ask Before Becoming a Business Owner
William R. Shranko: Yellow-Checker-Star Cab Co.
Chief Operating Office Las Vegas https://www.ycstrans.com/ What do you like most and least about your industry? Directing a work force of nearly two thousand employees from over 65 different countries. The least is overwhelmingly unfair news coverage. What would you want your legacy to future generations to be? That I trained and taught hundreds of employees how to … [Read more...] about William R. Shranko: Yellow-Checker-Star Cab Co.
Garrett Sutton: Corporate Direct, Inc. and Sutton Law Center, P.C.
President Reno & Minden https://www.corporatedirect.com/ https://www.sutlaw.com/ How did you first get into your profession? I enjoyed learning about corporate law as a law student at Hastings College of the Law. After graduating I entered that field of practice. If you could take back one sentence you’ve ever spoken, what would it be? In second grade I made a … [Read more...] about Garrett Sutton: Corporate Direct, Inc. and Sutton Law Center, P.C.
Jed Brookes Spendlove: PrimeLending
Branch Manager Reno https://www2.primelending.com/ How did you first get into your profession? I was working as a business consultant and a national title company hired me to jumpstart their company. What do you like most about your industry? I enjoy helping people make smart choices about home buying. What business advice would you give someone just starting in … [Read more...] about Jed Brookes Spendlove: PrimeLending
Taxpayers Lose Big: Lawmakers Impose New Burdens
Three years ago, both Brian Sandoval and Rory Reid ran for governor on a “no new taxes” platform. Last year, voters in five Nevada counties rejected six efforts to raise taxes — even though Barack Obama was at the top of the ticket, driving liberal voter turnout. Given the clear will of the voters throughout the state, you’d expect that the governor and legislators would … [Read more...] about Taxpayers Lose Big: Lawmakers Impose New Burdens
November 2013: Around the State
FiveGen Sets Up Shop in the InNEVation Center A security and infrastructure company that offers application development, software solutions, cloud hosting and project management consulting, FiveGen has moved to the inNEVation Center by Switch SUPERNAP’s campus. FiveGen is the latest startup to move into the 65,000 square-foot facility which was started to foster economic … [Read more...] about November 2013: Around the State