What you need to know about Social Security

What You Need to Know About Social Security

 By Pat Kerfoot, Special to bizNEVADA Since it was signed into law by President Roosevelt in 1935, Social Security has become an important feature of retirement planning. Social Security provides the majority of income to most elderly Americans. For almost half of seniors, it provides about 50% of their income. For 20% of seniors, Social…

The Case for a Buy/Sell Agreement 1

The Case for a Buy/Sell Agreement

By Toby Tatum, Special to bizNEVADA In my capacity as a Certified Business Appraiser, I have had many engagements to value a business in order to determine the purchase price for the ownership interest of a departing business partner or non-employee stockholder. In every case, these were small, locally-owned businesses and in every case, the…

Bringing Nevada Health Care Up to Speed 2

Bringing Nevada Health Care Up to Speed

 By Michael L. Gagnon, Special to bizNEVADA The Nevada business community is strong, and I’m sure as seasoned as many of us are, it’s probably been several years since anyone has used a fax machine to send messages on a regular basis. Unless, perhaps, if you work in the health care sector. Just a few…

The Littlest Entrepreneur - Nana Sarfo

The Littlest Entrepreneur

by Craig A. Ruark Born in Indiana of immigrant parents from Ghana, fifteen-year-old Nana Sarfo has lived most of her young life in Las Vegas and is the CEO of a convention company that will bring over 800 attendees to the Henderson Convention Center this summer. But the story of this littlest entrepreneur starts many…

The Advantages of Telecommuting While Sick

The Advantages of Telecommuting While Sick

Special to bizNEVADA We’ve all been there. We wake up with a scratchy throat and a cough. We know we’re capable of working, but should we go into the office? We certainly could bring our Kleenex and runny nose to the office to show how dedicated we are, but this is a great way to…

Is a Business Retirement Plan in Your Future?

Is a Business Retirement Plan in Your Future?

 By Steve Self, special to bizNEVADA As a business owner, it’s exciting to reflect on the past year and prepare for all that’s ahead in 2019. Yet, with the calendar change comes the realization that the tax filing deadline may be just around the corner. “Have I done all that I could to minimize my…

What Are Required Minimum Distributions (RMDs)? 1

What Are Required Minimum Distributions (RMDs)?

 By Gayle McKearin, Special to bizNEVADA Required minimum distributions, often referred to as RMDs or minimum required distributions, are amounts that the federal government requires you to withdraw annually from traditional IRAs and employer-sponsored retirement plans after you reach age 70½ (or, in some cases, after you retire). You can always withdraw more than the…