Tips & Reminders
Roth IRA Conversions
Beginning in 2010, the AGI Limit of $100,000 on conversions of traditional IRAs to Roth IRAs is eliminated. The conversion is treated as a taxable distribution and taxed as ordinary income at your marginal tax rate. A Roth IRA grows tax free, and distributions after age 59 ½ are tax free. Read more...
Why Reno/Tahoe
We want you to enjoy coming into work. But we don’t want that satisfaction to end when you leave for the day. Luckily, we’re blessed to live in the Reno-Tahoe region, where weekends are never dull, skies are blue, neighbors are neighborly, and advantages are abundant.
QUALITY OF LIFE ADVANTAGES – With a diverse and growing economy, renowned recreational activities throughout the region, a lively arts community, special events for every season, over 300 days of sunshine a year, and vibrant communities to call home, it’s easy to see why Reno-Tahoe is a great place to live, play and work.
TAX ADVANTAGES – Nevada offers one of the most attractive tax structures in the country, including no corporate income tax, no personal income tax, no franchise tax, no unitary tax, no inventory tax, no inheritance tax and no estate tax, as well as competitive sales and property tax rates.
WORK ADVANTAGES – Ours is one of the top regions for conducting business thanks to its renowned reputation as a business-friendly environment, with favorable corporate structures, state governance and incentive programs. All of this translates to a more stable work climate and better opportunities for business growth for everyone involved.
ADDITIONAL RESOURCES – In an effort to provide you with even more information on the advantages of calling Reno-Tahoe home, here are some key sites that you may find helpful.
Economic Development Authority Western Nevada (EDAWN) (www.edawn.org)
Get complete business information from the region’s leading economic development organization, including making company and community connections and discovering the best of what our region has to offer.
Reno Sparks Chamber of Commerce (www.renosparkschamber.org)
The Reno Sparks Chamber of Commerce is the largest business organization in the region, providing business support, advocacy and leadership.
Reno-Tahoe (www.visitrenotahoe.com)
Choose your adventure at this site that is your comprehensive guide to Reno-Tahoe, including where to play, eat, shop, explore, and visit.
State of Nevada (www.nv.gov)
Nevada’s official state site provides valuable information on living, working and moving here, doing business, visiting/events, education, health, and more.