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Investments

Santa Train, Railroad Museum making special delivery for cancer patients

The one thing scarier for a child than not being home at Christmas is to be fighting cancer at the same time.

But it's a reality for a number of Northern Nevada children and their families this year.

Santa Train offers special ride for children battling cancer

The Nevada State Railroad Museum and the Friends of the Nevada State Railroad Museum, have added an additional Santa Train ride for children in our community who are battling cancer on Dec. 17 in Carson City.

USDA Rural Development invests $188 million for rural Nevada in 2016

The United States Department of Agriculture (USDA) Rural Development invested more than $188 million in federal fiscal year 2016 (October-September) to support housing, community facilities, water systems and businesses in rural Nevada.

Senator Square: Carson High counselors say now is the time to prepare for college

Though there are still six months of school remaining, Carson High School’s counselors say that now is the time for seniors to kick it into gear to go to college. Applications for college are due now and in the next few weeks, and scholarship opportunities begin flooding in during January.

Carson City Question 1: Overdue support for maintaining and improving our transportation infrastructure

Roads and highways play a vital role in a community's ability to function safely and efficiently. A healthy transportation system has the added benefit of encouraging economic growth and a financially strong community.

Carson City has been struggling to maintain its roadway system for decades and in numerous public meetings held this year under the auspices of the Transportation Resource Advisory Forum for Carson City (TRAFCC) it was apparent that without new sources of revenue, the community will fall only further behind on maintaining our streets in a serviceable condition.

John Bullis: Best ways to make investments in gold

There are many ways to invest in gold. Some have some surprising tax rules. As with all investment decisions, you would not want to put all your money in gold or any one stock.

Diversification is best. If you choose to invest in gold (directly or indirectly), maybe you should limit the amount to about 5 percent of your total investments.

Carson City looks to be at the forefront of state tourism

Three years of change and rebranding efforts by the Carson City Visitors Bureau (CCVB) are turning the Nevada state capital into a tourist destination, said CCVB Executive Director Joel Dunn, and no longer a point on the road map to pass through.

Community advocate Steve Teshara named Tahoe Chamber interim CEO

Veteran community advocate Steve Teshara has accepted the position of Interim Chief Executive Officer of the Lake Tahoe South Shore Chamber of Commerce. Chamber Board Chair Mike McLaughlin announced the Board’s appointment of Teshara in a statement released July 21.

John Bullis column: Possible new tax law for businesses

A “C” corporation, one that files and pays its own tax, has a maximum tax rate today of 34 percent. That makes it profitable to move jobs and investments to other countries that have lower tax rates. The proposal the House of Representatives recently sent to the Senate proposes a new flat rate for “C” corporations of 20 percent.

John Bullis Column: Young Folks are Doing Gifts to Charity

Some younger folks are providing for the financial assistance of their parents or grandparents. If they just give money, it does not reduce the income tax for the young giver. They make the gifts from money left after they pay income taxes.

Half billion dollar revitalization at Tahoe South revives national and natural treasure

The south shore at Lake Tahoe is continuing its revitalization to the tune of $500-plus million with new accommodations, retail space, restaurants, and area attractions that reinforce authentic experiences.

The investments, improvements and a confident, singular vibe from locals and adventure seekers has coalesced with the spectacular natural beauty and outdoor recreation to create one of the country’s most desirable destinations, with Lake Tahoe at its center.

Awareness key to addressing child welfare needs in Carson City

Imagine being awakened in the middle of the night by a stranger, escorted out into the chill of dark Nevada twilight, placed in a strange car, and driven to a strange house with more strangers who tell you everything is going to be all right.

To top it off, you are expected to go back to sleep in a strange bed.

Welcome to the world of a foster child, whose story is much the same whether it's told in Las Vegas or Battle Mountain, in Caliente or Carson City.

Adams Hub investment in financial technology industry startup BaseVenture shows promise

Adams Hub is proud to congratulate BaseVenture on its quick progress and traction in the financial technology (FinTech) industry – as evidenced by BaseVenture’s selection to be a presenter at Finovate Spring 2016.

BaseVenture, an innovative new software as a service (SaaS) platform that is transforming private fund management and administration, counts Adams Hub as one of its early investors, and has an office within the Adams Hub Business Incubator in Carson City.

District Court reverses decision in Brewery Arts Center dispute with Foodies Bystro

Carson City District Court Judge James Wilson reversed a Justice Court decision that resulted in Foodies Bystro being kicked out of the Brewery Arts Center last summer, calling it "a clear error of law and must be reversed."

In a judgement officially entered on Oct.

How PERS Shorts Public Employees and Taxpayers

Recently, we’ve been reflecting on our experiences over the past year of public service together and the lessons we’ve learned.

Many of those lessons are unique to the particular functions of the Controller’s Office and include managing the departments of the office. But we also made more topical observations about our experience and how it has helped to shape and refine our views.

Nevada receives more than $11.2 million in federal Homeland Security funding

Nevada has received more than $11.2 million in federal funding from the Department of Homeland Security and has secured $3.7 million from the State Homeland Security Program for federal fiscal year 2016, Gov. Brian Sandoval announced Wednesday.

Carson City Treasurer Robertson intends to retain position, announces run

Carson City Treasurer Gayle Robertson, citing accomplishments and anticipating more, announced this weekend she will run to retain the city government office she holds.

Robertson, appointed treasurer in April, 2015, by the City’s Board of Supervisor, this election year is seeking a two-year term starting in January, 2017. The City governing board appointed her to the office over two others after Al Kramer left as Treasurer to assume a post in state government.

Sen. Heller’s Lake Tahoe Restoration Act Passes Committee

The Lake Tahoe Restoration Act of 2015, a bipartisan bill sponsored by Nevada Sen. Dean Heller, passed the U.S. Senate Committee on Environment and Public Works on Wednesday. The legislation, created alongside senators Dianne Feinstein, D-Calif., Harry Reid, D-Nevada and Barbara Boxer, D-Calif., provides federal, state, and local partners important tools to reduce wildfire threats, improve water clarity, jumpstart innovative infrastructure projects, and combat invasive species.

Column: Gifts to Grandchildren in 2015

Doing gifts to a grandchild can be a good idea, if you have intent to help the grandchild and the "extra" money to do so.

The "Annual Exclusion" (amount that is not a taxable gift) is $14,000 for each person you give to for years 2015 and 2016. Also, payments directly to the educational institution, medical provider or medical insurance company for that grandchild also are Annual Exclusion gifts in addition to the $14,000 check. It is also OK to give a lesser amount.

Column: Paying college expenses

In addition to the Section 529 Plans to save money for college education costs, there is the Uniform Transfers to Minors Act, also known as Uniform Gifts to Minors Act. Especially for younger children, the Uniform Gifts to Minors Act can be a way to shift income from parent's high tax bracket (rate) to the child's low or no tax bracket.

Reid announces $13 million In federal wastewater money for Storey County

Nevada Sen. Harry Reid announced Wednesday that the USDA has awarded $9 million in grant funding and a $4 million loan to Storey County to improve its wastewater infrastructure. The money will go toward replacing more than 13 miles of sewer lines in Virginia City and the failing community septic system in Gold Hill.

Green energy requires serious green

Have you ever wondered why there has been such a big push in the past decade or two toward so-called green energy?

I surmise that the reason has less to do with saving the environment, and more to do with saving the pockets of people who have tied up their fortunes in it.

Solar and wind power sources have been around for decades, but they’ve never really caught on. Kind of like electric cars. There have been fads and trends toward them, but none that have been proven to last the tests of time.

Opinion: Why the NGC ruling on Daily Fantasy Sports is a good thing

As we await the arrival of final rules and regulations from the Nevada Gaming Commission regarding Sports Betting Investment Groups from SB443, the NGC sent out an announcement regarding a position that it believes DFS to be considered gambling.

Now, why is this decision a good thing?

Nevada has now set a tone that other states can decide to follow. If other states’ Gaming Boards determine the same, this will slowly creep into other questions regarding this part of the statement:

NV Energy rates for electric customers to decrease by 4 percent

Beginning Thursday, NV Energy residential, commercial and industrial electric customers will see an overall rate decrease of 4 percent. This is the second consecutive quarter for electric rate decreases, according to the utility.

American Century Investments, NBC Sports extend Tahoe golf partnership through 2022

American Century Investments will continue as title sponsor of the nation’s premier celebrity golf tournament, the American Century Championship with a seven-year extension through 2022, officials announced Friday.

The championship will continue to take place at Edgewood Tahoe Golf Course in Lake Tahoe as a result of the agreement, jointly announced by American Century Investments and NBC Sports, owner and operator of the championship.

Column: How to have income from constructive receipt

Natalie Santangelo died March 29, 2007, owning about 21,500 shares of HCA, Inc. She had the stock certificates. But after HCA merged with another corporation in 2006, HCA stockholders were entitled to receive $51 for each share of stock. The merger agreement required HCA to deposit the funds with a paying agent.

Carson City Soroptimist launches backpack and school supply campaign

It's Backpack Attack time! Each year Carson City Soroptimist gathers hundreds of new backpacks, filling each with school and hygiene supplies. The filled backpacks are given to local elementary, middle, and high schools to distribute as needed.

Congress Introduces reauthorization of Lake Tahoe Restoration Act

The Tahoe Regional Planning Agency on Thursday voiced its strong support for legislation to reauthorize the Lake Tahoe Restoration Act that has been introduced in Congress by Tahoe’s Senate delegation.

Sponsored by U.S. Senator Dean Heller, R-Nevada, along with Harry Reid, D-Nevada, Dianne Feinstein D-California, and Barbara Boxer, D-California, the Lake Tahoe Restoration Act would authorize up to $415 million in federal funding over 10 years to help continue critical environmental restoration work at Lake Tahoe.

Column: I don't like publicly traded partnerships

A Publicly Traded Partnership usually has passive income (interest, dividends, real property rental income, gains from selling real estate, mining and natural resource income, gain from selling capital assets and property held for the production of such income.

Nevada bridges ranked country's best in national report

CARSON CITY, Nev. – Amid constrained federal transportation funding, the Nevada Department of Transportation’s dedicated bridge inspection and rehabilitation program has led Nevada bridges to be named the nation’s best.

The American Road and Transportation Builders Association’s recently-released analysis of 2014 national bridge inventory data (www.artba.org ) details the $115 billion backlog of bridge preservation investment needed to repair and modernize the nation’s more than 61,000 structurally deficient bridges.

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