Department of Taxation walks businesses through SEID registration and MyNevada Tax filing at town hall

The Nevada Department of Taxation held an online town hall to explain how businesses and contractors must register and file taxes for the Sports and Entertainment Improvement District (SEID) and to demonstrate the MyNevada Tax portal.

Patricia Olmstead, public information officer with the Department of Taxation, opened the session and introduced the department SEID team. She said the meeting would cover the department mission, SEID filing online, a demo of MyNevada Tax, and a question-and-answer period. "My name is Patricia Olmstead, and I am the public information officer with the Department of Taxation," Olmstead said.

Jane Maurer, EPMO functional lead, told attendees that the SEID was created by Senate Bill 1, approved in a June 2023 special session, and that the district is designed so taxes generated inside its boundaries support development that benefits the area while keeping reporting rules clear. "Any taxable activity occurring within the circle is treated as part of the district for reporting purposes," Maurer said while displaying the district map.

Janine Silva, SEID tax program supervisor, led a step-by-step demo of MyNevada Tax. Silva showed how entities will log in with two-factor authentication, select returns for modified business tax, sales and use tax and commerce tax (as applicable), and complete district-specific schedules. Using a sample business, Silva entered gross wages and a $5,000 entry on the stadium district Schedule A to demonstrate how the system breaks down district wages, deductions and calculated tax due.

Silva also explained contractor exemption letters that permit authorized contractors to report purchases directly to the department rather than having retailers assess sales tax at the point of sale for qualifying construction within the SEID boundaries. She described record-retention expectations—four years for entities that filed returns and eight years for those that have not—and urged businesses to keep ledgers that separate SEID-boundary activity from other operations in case of an audit.

On rollout timing, Silva said the department planned a phased MyNevada Tax deployment. She noted Phase 2 (identified in the presentation as 12/08/2025) would consolidate SEID sales and use tax returns into a single return and bring modified business tax and commerce tax into the online system. Two taxes—the exhibition facility fee and the transportation connection tax—were described as remaining on paper until a stated December 2026 rollout.

Silva described two types of compliance notices that will be delivered through MyNevada Tax: a warning of noncompliance sent to participants where records suggest possible noncompliance, and a notice of noncompliance sent to both the participant and the stadium authority when department records show the statutory filing requirements have not been met.

During the Q&A, a participant identified by the moderator as "Miss Seka" asked whether insurance companies are responsible for reporting workers' compensation or whether general liability also must be reported. Jennifer Lewis, tax manager, replied that workers' compensation premiums are handled differently and said the stadium authority (during construction) has taken responsibility for insurance on the premises; she added the insurance company may have reporting responsibility and the department is working directly with the insurer.

Olmstead closed the session by directing participants to the SEID page at tax.mv.gov, offering the nvseid@tax.state.mb.us address for follow-up (and advising against using the general call center for SEID questions), and saying the slides and recording would be posted on the department website within a few hours.

Next steps: participants were urged to register with the stadium authority and the department as required, separate district-related sales/purchases in their records, use the contractor exemption letter where applicable, file and pay district returns electronically through MyNevada Tax when available, and retain records for the periods Silva specified.