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In response to explosive growth and new business challenges, Nevada’s legal market continues to change and evolve, with larger, regional firms establishing a presence within the state. At the forefront of this trend in 1999, Lewis and Roca LLP was the first out-of-market attorney firm to settle in Nevada, creating a strong legal base in the state. To maintain a competitive … [Read more...] about Relative Newcomer Partners with Long-time Nevada Firm: The “New” Lewis and Roca LLP

Ducking Taxes and Proud of it By Bill Martin, Nevada State Bank The disagreement between banks and credit unions is simple: we pay taxes, credit unions pay virtually none. This includes Federal Corporate Income Taxes (36 percent), sales taxes on purchases (7.5 percent), Nevada Business Tax (2 percent of employee compensation) and Nevada bank branch franchise tax of $7,000 … [Read more...] about Banks vs. Credit Unions: Is it a fair playing field?

The belief that projects are a collaborative effort involving the client, architect, builder and other specialists is the foundation of SCA Design. The success of the Las Vegas architectural firm, established in 1995, stems from the “hands-on” approach of founder Sheldon Colen and his business partner Michael Andersen, AIA. With a skilled staff of 17 who occupy 8,000 square … [Read more...] about SCA Design: Modern Day Visionaries

Users of industrial space have discovered the advantages of locating in Nevada, from national companies utilizing Reno/Sparks as a distribution hub for the western U.S., to resort-related enterprises serving Las Vegas’ casinos and conventions. However, this popularity comes with a price, as increasing demand for industrial facilities, coupled with a shortage of available land, … [Read more...] about Nevada’s Industrial Demand Fuels Growth

2007 Tax Season Sets Record for E-file The recently completed 2007 tax filing season set a number of electronic records, highlighted by more than 76 million electronically-filed individual tax returns and more than 140 million visits to IRS.gov. This year’s tax season saw a surge in electronic filing among last-minute filers, a group that has traditionally sent in paper … [Read more...] about July 2007: Business Up Front

Children are the future resource of Nevada and they need many things. But most of all, they need good health. That’s why the Give Hope Foundation, through the contributions from individuals, businesses and organizations, provides immediate financial assistance to benefit children with catastrophic illnesses by supplying much needed monies to their families. Give Hope … [Read more...] about The Give Hope Foundation: What Have You Done to Give Hope?

Without any major dominating issue such as taxes or reapportionment, the 2007 Session of the Nevada Legislature seemed to end with little fanfare and most certainly without the nasty headlines that have accompanied the end of more recent sessions. That’s not to say there were not controversial issues. A repeal of the 2005 “Green Building” bill, which gave huge tax breaks to … [Read more...] about 2007 Legislative Session: What Was Accomplished?

"I would never pay your rates!” Almost every private money lender has heard this line time after time in discussions about financing a real estate project. Sometimes, they are right; it does not pay to leverage holdings. But the answer is not as easy as getting a high rate and saying, “I don’t like debt.” While the cost of a loan may sound pricy, the cost of an equity partner … [Read more...] about Hard Money vs. Hard Partners: Which Will Save You More Money?

Pick up the newspaper or turn on the television and watch the local news almost any day of the week, and you will see another incident of violence in the workplace. Whether it is the result of a robbery, domestic dispute or a random act of violence, employers need to be prepared for workplace violence. Employers need to take a serious look at the likelihood of violence in the … [Read more...] about Violence in the Workplace: Prevention Tips

What are the reasons for installing a security alarm system at your business location? Is it to protect important business documents from outside theft, protect equipment from being stolen, or to protect your business from internal employee theft? The most common answer is the latter. It is often the people closest to the business who are the most threatening to its … [Read more...] about How Secure is Your Security Company? Protecting Your Business

Phase I Development Begins at Lincoln Estates Lincoln Estates, a 1,000-acre development, announced the residential real estate project began Phase I of development. The initial phase includes the sale of 1.2-acre lots along Holiday Lane, which runs east to west through the center of the development site, located six miles west of Rachael and 150 miles north of Las Vegas. The … [Read more...] about Building Nevada Briefs

Voters can learn a lot from each session of the Nevada Legislature; unfortunately, this usually involves learning what not to do. One lesson from the recently concluded 2007 session is that it’s dangerous for government to stick its nose into things it knows little about. However, this is really nothing new. For example, during the 1999 session, legislators were convinced by … [Read more...] about Paying Dr. Feelgood’s Bill

Personality type training, utilized by organizations around the globe, has become an essential tool for assessing personality differences and using those differences to improve individual and team performance. Focusing on someone’s strengths and giving recognition for performance is critical to success. The new Gallup study found that when managers focused on employees’ … [Read more...] about Curious About What Makes Your Co-workers Tick? Their Psychological Type Might Be The Answer

During her dad’s lost battle with cancer and her mom’s Alzheimer’s diagnosis, Jayne Cayton joined the legions of adult children who find themselves in the position of caring for aging parents. They’re called many things, the sandwich generation, middlers, but no matter what the label, it means baby boomers are stepping up to take care of parents who are either sick or in need … [Read more...] about Caring for Aging Parents: Critical Care for a Critical Time

Nevada’s increasing population, economic growth and job employment have created high demand among local and national retailers vying to service the state’s ever- expanding population and business base with a variety of new shops, stores and services. State unemployment hovers around 4.3 percent, well below the national average, despite adding 103,884 new residents over the last … [Read more...] about Retail Resurgence: Nevada’s Robust Market