| Happy New Year to everyone. Even though it is going | | | | owners and out of state people wishing to incorporate |
| to be a pretty tough year for many people in our | | | | for asset protection and no extra taxes. But some in |
| country and around the world, we can still all hope for | | | | the legislature (which convenes in February) want to |
| the best. We are all in it together. That said, as a | | | | end all of this with new state taxes. |
| Nevada resident, I need to let you in on what is | | | | We will certainly keep you informed of what will |
| happening in our state. As you might imagine, people | | | | happen in Nevada's 2009 legislative session. But for |
| are not traveling to and spending in Las Vegas, which | | | | those of you who are worried even by the talk of |
| means the state of Nevada's take on gaming taxes is | | | | new Nevada taxes, you may want to set up your |
| way down. The state faces severe loss of revenue. | | | | corporations and LLCs in Wyoming. Wyoming has no |
| So what are some legislators proposing to do about it? | | | | state taxes and is sitting on a billion dollar state surplus. |
| Believe it or not, they want us to put in a state tax on | | | | They are not likely to put in a tax anytime soon, if ever. |
| individual and corporate income. Nevada, a tax free | | | | For now, the safer choice is to set up in Wyoming and |
| state, has been a magnet for all sorts of business | | | | see what happens in Nevada. |