Nevada Business Considerations · Small Business Addendum
Nevada has no personal income tax and no corporate income tax, but it does have the Commerce Tax on gross revenue and the Modified Business Tax on wages, which apply regardless of profitability. Nevada's annual filing fees are among the higher ones nationally. This addendum covers the Commerce Tax, the Modified Business Tax, sales and use tax, the annual report and filing fees, state business license requirements, registered agent obligations, and unemployment insurance. Written in plain English.
A companion to The Small Business Owner's Guide to Clean Books by Tidecount Financial Services.