Do you have an active business in Nevada? Learn about the Nevada Commerce Tax

Businesses and individuals that have activity, are licensed and/or organized in Nevada are starting to receive notices in the mail requesting the completion of a Nevada Commerce Tax pre-registration form.  The registration is now required for all entities doing business in Nevada.  If you have sales in Nevada or have an active business license in Nevada, you will be required to register with the Nevada Commerce Tax.  The registration is required in order to file an annual Commerce tax return and pay any Commerce tax liability.

The Commerce tax is imposed on businesses with Nevada gross revenue exceeding $4,000,000 in the taxable year.  However, a simplified annual tax return is required even if you do not have Nevada gross revenue exceeding $4,000,000.   The Commerce tax return is required to be filed annually for the period July through June and due by August 15th.  For example the July 1, 2015 through June 30, 2016 return was due August 15, 2016.

If you have received a notice for the completion of the Nevada Commerce Tax pre-registration form, please visit the Nevada Commerce website at www.nevadatax.nv.gov/#  in order to register and file the annual Commerce tax return online or contact our office by dialing 949-910-2727 or emailing us at jmarshall@cpa-wfy.com.

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