Nevada Tax Laws

Did you know that Nevada does not tax the income of its corporations? Unlike most states in this country, Nevada has taken a ‘pro-business’ stance. Nevada’s legislature has consistently recognized that taxing the income of its businesses or its citizens would be the wrong approach for maintaining a healthy state economy.

You will be required to pay payroll tax if you have employees and may be required to pay sales tax if your Nevada corporation is selling products in Nevada.

Beyond paying no income tax, your Nevada corporation will not be required to pay any other hidden taxes, such as franchise taxes, capital stock taxes, estate taxes, gift tax, unitary tax or inventory taxes.

For more information call a Nevada Corporate Headquarters Representative today at 1-800-508-1729.

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Litigation

In today’s world, you can easily find yourself in a financial crisis that could cost you most or all of your assets. Each year, thousands of families are suddenly wiped out. No matter how safe and secure you feel today, you can never be certain that your lifetime accumulation of wealth won’t suddenly disappear tomorrow. There are too many ways to get into financial trouble today. We are all vulnerable.

Tomorrow, you can be unexpectedly hit with:
– A lawsuit by business partners
– A professional malpractice lawsuit
– A tax audit and a large IRS assessment
– A costly uninsured motor vehicle accident
– Unanticipated medical bills
– A divorce

Prime candidates for lawsuits include:
– Property owners
– Business Owners
– Officers/Directors of publicly traded companies
– Sole Proprietors
– Real Estate Investors

If you fall into any of these categories or simply have a retirement nest egg, you need to remove any incentive for people to sue you. Call a NCH Representative today to ensure you are properly protected, call 1-800-508-1729.

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Business Credit

One of the hottest business topics today is how to obtain business credit without committing to a personal guarantee.

Business owners nationwide are discovering that it is possible to obtain credit cards, lines of credit, leases, and to buy real estate for their business, in their corporate name. It is easier than you think if you know how.

We can provide the information you need so you feel prepared and confident to obtain business credit for your corporation or LLC. Through incorporation, you can separate yourself from your business and protect your personal assets from any business liabilities.

While it is possible to build a business credit profile for a sole proprietorship or partnership, you and your family are still personally responsible for all the debts your business may incur. We recommend building your business credit as a Nevada corporation or a Nevada limited liability company.

To learn more about how you can obtain business credit, contact an NCH representative today at 800-508-1729.

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