Nevada Receives Federal Grant to Support Small Business Exports The State of Nevada has received a $239,318 Small Business Administration (SBA) grant through the State Trade and Export Promotion (STEP) Pilot Grant Initiative. The grant is expected to stimulate and strengthen Nevada’s global trade and will be administered by Nevada’s Office of Economic Development with the … [Read more...] about November 2011: Around the State
Departments
Independent Contractor or Employee?: IRS Will Now Settle Employment Taxes
After receiving much success from its Voluntary Offshore Bank Account Disclosure Program, the Internal Revenue Service (“IRS”) has now decided to provide an opportunity for businesses to come clean by reclassifying workers as employees for federal employment tax purposes. The IRS announced on September 21, 2011 that it has developed the Voluntary Classification Settlement … [Read more...] about Independent Contractor or Employee?: IRS Will Now Settle Employment Taxes
B.C. LeDoux: The Glenn Group
President/Creative Director Las Vegas & Reno Number of Employees: 36 Years in Nevada: 42 Years with Company: 11 How did you first get into your profession? When I was going to the journalism school at UNR, I got a copywriting internship with our company and never left. That’s pretty rare for someone from my generation, but I take a lot of pride in having played a … [Read more...] about B.C. LeDoux: The Glenn Group
Industrial Summary: Third Quarter 2011
Las Vegas The Las Vegas Valley industrial market continued to show signs of weakness although the sector reported a decline in the vacancy rate during the past three months. The vacancy rate retreated slightly to 18.0 percent as 145,800 square feet of positive net absorption was reported during the third quarter. The current quarter is a turn-around from the prior ten … [Read more...] about Industrial Summary: Third Quarter 2011
November 2011: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 1.3 percent during second quarter 2011, up somewhat from the first quarter estimate of 0.4 percent. Both figures are well below the 2.3 percent annualized growth rate posted in fourth quarter 2010. U.S. nonfarm employment rose by 103,000 jobs in September, which was only enough to keep the U.S. … [Read more...] about November 2011: Business Indicators
What do you think is the greatest invention of our time?
“The iPhone – From an organizational standpoint (keeping one organized), ease of use and ability to have a record of your life, pictures, etc., it is by far the best invention so far. Steve Jobs (God bless his soul) and his team have done an incredible job. Our three year old was able to navigate thru the phone and get what she wanted with ease.” Jeffrey Lowden, MBA • … [Read more...] about What do you think is the greatest invention of our time?
Thomas R. Sheets: McDonald Carano Wilson LLP
Partner Las Vegas & Reno Number of Employees: 100+ Years in Nevada: 30 Years with Company: 1 How did you first get into your profession? My dad didn’t finish the tenth grade but he recognized the value of a formal education. He encouraged both of his children to take advantage of educational opportunities that weren’t available to him. When I was in high school I … [Read more...] about Thomas R. Sheets: McDonald Carano Wilson LLP
October 2011: Around the State
Storey County Establishes Independent Economic Development Authority Storey County, home to the 107,000 acre Tahoe Reno Industrial Center (TRIC) has established an economic development authority in order to work more closely with the Nevada Commission on Economic Development. Storey County is the second smallest county in Nevada and TRIC takes up approximately 65 percent of … [Read more...] about October 2011: Around the State
What Everyone is Thinking: Where did the good old days go?
In today’s modern business world, the watchword is “efficiency.” Most people, in the interest of squeezing the most hours out of working days, have automated as many customer service transactions as possible. It’s important to constantly evolve technology. It makes jobs easier in some very significant ways. But only one thing really makes or breaks a successful business: … [Read more...] about What Everyone is Thinking: Where did the good old days go?
How much is too much?: Government wages are extravagant and arbitrary
It’s one of the most challenging questions facing labor economists today: At what level should most public employees be paid? In public sector employment, the typical price signals that help determine wage rates in competitive labor markets are absent. After all, most government agencies do not compete in an open labor market wherein they must also provide quality goods to … [Read more...] about How much is too much?: Government wages are extravagant and arbitrary
A New Approach to Healthcare
The Patient Protection and Affordable Care Act of 2010 is designed to ensure that all Americans have access to quality, affordable healthcare; and, hopes to create the transformation within the healthcare system necessary to contain costs. One key part of the act outlines a change in the payment structure between insurance companies and physician groups. Instead of paying … [Read more...] about A New Approach to Healthcare
Retail Summary: Second Quarter 2011
Las Vegas Retail vacancies moved downward to a level not seen in more than two years. The market recorded 369,700 square feet of positive net absorption during the second quarter of 2011, pushing the vacancy rate down to 10.1 percent, a decline of almost 0.4 percentage points compared to the previous quarter (Q1 2011) and down nearly 0.7 percentage points in the same period … [Read more...] about Retail Summary: Second Quarter 2011
Business Indicators: October 2011
U.S. real GDP grew at an annualized rate of 1.0 percent during second quarter 2011, up somewhat from the revised first quarter estimate of 0.4 percent. Both figures are well below the revised estimate of 2.3 percent annualized growth for real GDP in fourth quarter 2010. According to the Bureau of Labor Statistics (BLS) establishment survey, U.S. nonfarm employment held steady … [Read more...] about Business Indicators: October 2011
What do you love most about Nevada?
“Nevada’s tremendous potential for growth. Defining the opportunities to rebound from the recession, and developing a specific course of action are the keys to realizing that potential. Nevada needs to move beyond old economic development paradigms and embrace a new economic diversification structure with a commitment to innovation and leadership.” Ross Miller • Nevada … [Read more...] about What do you love most about Nevada?
September 2011: Around the State
Clark County Voter Registration Rises in Mid-2011 According to a report from Applied Analysis, new voter registrations in Clark County rose during the second quarter of 2011, an occurrence likely due to the lead up of municipal elections in June. Additionally, there has been a downward trend in Democrat registrations, which has come largely at the expense of rising interest … [Read more...] about September 2011: Around the State