New Mexico – Guidance for Exempt Organizations

SALT Report 1825 РThe New Mexico Taxation and Revenue Department updated their FYI regarding exempt organizations.  Generally, any organization doing business in New Mexico is required to register with the Department. However, depending on the nature of the nonprofit organization and its activities, the registration requirement may not apply. The FYI will help you determine which federal and/or New Mexico tax reporting obligations are required of tax-exempt organizations and activities.

For Further Information:

New Mexico Taxation and Revenue Department – FYI-103 Information for Non-Profit Organizations