This page provides the latest feature content on Nevada Tax Planning and Accounting Industry from Nevada Business Magazine, plus additional resources.
Latest Nevada Tax Planning and Accounting Industry Feature
Taxes in Nevada: Maintaining a Hard-Earned Reputation
Originally published: https://nevadabusiness.com/2026/06/taxes-in-nevada/
Nevada’s 83rd legislative session, which began on February 3, 2025, successfully concluded sine die on June 3, 2025. Despite attempts by some legislators to vote in bills that would increase taxes, the Silver State’s reputation as a business-friendly state remains intact.
The lack of approved taxes that made it through the legislature can be attributed to a number of factors, but is likely due in part to Nevada being one of 12 states with a divided government. Governor Lombardo vetoed a record 87 bills in the 2025 session, some of which would have increased taxes. Currently, in the state of Nevada, the Republican Party controls the governor’s office and the Democratic Party controls the offices of the attorney general, secretary of state and both chambers of the state legislature.
Yet, despite the division in the current political climate that served businesses well this past legislative session, companies are by no means out of the woods and should expect many of the proposed bills for increased taxation to resurface in 2027. But, for now, businesses can breathe a little easier as “Recent updates are focused on administrative changes, compliance requirements, and system modernization rather than new taxes,” said Shellie Hughes, executive director of the Nevada Department of Taxation.
Recent Nevada Tax Planning and Accounting Industry Features
Old or New, Retired or Renewed: Taxes 2025
“The biggest thing we have going on right now in the world of taxation is uncertainty,” said Chris Wilcox, partner/Las Vegas market leader, Eide Bailly. “Business owners don’t know what the next year is going to look like at the end of 2025. We have a number of tax provisions that are going to expire such as bonus depreciation, which is phasing down. [Read more]
Industry Focus: CPAs
The job of a certified public accountant, or CPA, has both rewards and pitfalls. In addition to the challenge of crunching numbers, it’s critical that CPA professionals stay current with ever changing, and complex tax laws. The industry is also facing a technology frontier with the introduction of artificial intelligence which raises questions about what role it will play in the future of business. [Read more]
Industry Focus: CPAs
The accounting industry is rapidly changing. While staying on top of new tax laws is already a feat, the introduction of new technology with AI is challenging the industry like never before. [Read more]
Nevada Taxes: Will the Tax Man Cometh to Carson City in 2023?
If 2021 was a historic year for state tax reform, then what does the future hold for new business taxes or tweaks to the current tax code as Nevada voters go to the polls in November to elect a new slate of lawmakers? [Read More]
Industry Focus: CPAs
Accountants are among the most respected professionals in Nevada for their expertise and steady guidance. As businesses face turbulent times, this industry is working hard to stay on top of changing tax laws and implications for businesses with some of the new grants and loans available. [Read More]
Taxes and Nevada: The Give and Take
The Nevada State Legislature kept the business community waiting until the end of the 80th legislative session last month. [Read More]
Tax Changes: What Nevada Companies Need to Know to Benefit
To fully realize available tax benefits resulting from the Tax Cuts and Jobs Act of 2017 Nevada businesses should assess, plan and, if necessary, make changes, now. [Read More]
Help Wanted: Fortune-teller
Although Nevada has one of the most business-friendly tax environments in the U.S., business owners still have to contend with (and plan for) local, state and federal taxation. [Read More]
Crunching the Numbers: Tax Planning and Accounting in the Silver State
Despite all the thunder, lightning and tumult that surround the federal government in this election year, taxpayers are catching a break as they develop their tax-reduction strategies. [Read More]
Industry Focus: Accountants (2015)
Certified public accountants (CPAs) in Nevada are experiencing an interesting shift in their industry as tax laws change and experienced professionals work to train a new generation. [Read More]
Industry Focus: Accountants (2014)
With looming regulatory changes and increasingly complex tax laws, accountants must keep pace in order to remain as trusted advisors for business owners. [Read More]
Nevada Tax Planning and Accounting Industry Resources
Nevada Society of Certified Public Accountants: The Nevada Society of Certified Public Accountants was formed in l947 to unite the Certified Public Accountants within the State of Nevada.
Nevada State Board of Accountancy: Licensing and certification requirments.
American Institute of CPAs (AICPA): The American Institute of CPAs is the world’s largest member association representing the accounting profession.
The Institute of Management Accountants (IMA): IMA is the worldwide association of accountants and financial professionals working in business.