More Headlines

Decorative Contact Dangers

Posted: 10/13/2014 - Decorative Contact Dangers: The American Academy of Ophthalmology online

Nevada Humane Society to Host DOGtoberfest

Updated: 10/13/2014 - DOGtoberfest will happen Friday, October 17 through Sunday, October 19, with adoptable animals at three different locations: The NHS shelter on Longley Lane from 11a.m. - 6:30 p.m. on Friday and Sunday, and 10 a.m. - 6:30 p.m. on Saturday PetSmart on South Virginia Street from 12-5 p.m. on Friday, 11 a.m. - 4 p.m. on Saturday, and 11 a.m. - 3 p.m. on Sunday Legends at Sparks Marina from 11 a.m. - 4 p.m. on Friday, Saturday and Sunday

Margin Tax Example

Posted: 10/13/2014 - Question 3 on the Nevada Ballot asks voters to approve a margin tax for business in the state. Money would fund public education in our state K-12. Here's how margin tax works: The margin tax if passed, will create a tax for businesses in Nevada with more than $1 Million in total state revenue. Such businesses will choose one of three options which would pay that 2%. •70 percent of total revenue •total revenue minus cost of goods sold •or total revenue minus employee compensation plus benefits. If a business also pays the Modified Business Tax, that business will receive full credit for the business tax and use it against the margin tax. For example, if a company makes $3-Million in revenue annually: Its cost of goods sold was $2.5 million, and it had $1.5 million in employee compensation. Its accountants calculate that 30 percent of $3 million is $900,000. The company would pick the largest of these three business options as its deduction. The cost of goods sold is the largest number at $2.5 million. The company would subtract that from total revenue, getting $500,000. That number is the "MARGIN" everyone talks about. The company would pay 2 percent of that margin to the state of Nevada to be put in its schools fund. In this case, the tax would be $10,000. Scenario Courtesy RGJ: http://www.rgj.com/story/money/reno-rebirth/2014/10/11/margin-tax-small-net-positive-nevada/17019045/

Reno Bites Week

Posted: 10/13/2014 -

Red Run 2

Posted: 10/10/2014 -

Reno Bites

Posted: 10/10/2014 -

University Looking To Expand Borders

Posted: 10/09/2014 - The City of Reno Community Development Department is mulling a proposal that would allow the University of Nevada to expand further downtown.

Northern Nevada R.A.V.E.

Posted: 10/09/2014 - More information about Northern Nevada R.A.V.E (Respite and Volunteer Experiences) and their upcoming Ride 4 R.A.V.E. Fundraiser happening Saturday, October 18.

Be the Match

Posted: 10/08/2014 -

KOLO-TV 4850 Ampere Drive Reno, NV 89502
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability