On May 13, 2021, the Nevada Supreme Court upheld a decision that the biennial Modified Business Tax rate adjustment was unconstitutional and ordered the Nevada Department of Taxation to refund any overpayment of the Modified Business Tax plus interest to businesses. The Department is developing a plan to reduce the Modified Business Tax rate for quarters ending September 31, 2019 through March 31, 2021 and will be announcing when refunds will be issued soon.
If you reported payroll over $50,000 in any of the above listed quarters, you will likely be receiving a notification from the Nevada Department of Taxation explaining the above information. Please ensure your filings are up-to-date with the Department of Taxation and that your address is current to ensure you receive your refund when it is available.
- Delinquent returns, including sales/use tax, modified business tax, commerce tax or excise tax can be filed by U.S. Mail or use Nevada Online Tax at https://tax.nv.gov/OnLineServices/Online_Services. All delinquent tax returns must be filed before the refund amount can be issued.
- Taxpayers may update their address using Nevada Online Tax or by contacting the Department’s Call Center at 1-(866)-962-3707.
If you have any questions, please reach out to Lynn, Angela, Robin or Jen from our tax team, and they will be happy to help.