New Mexico – Tax Workshops open for registration and available on YouTube

The New Mexico Taxation and Revenue Department will present its tax workshop for new businesses online Tuesday, Feb. 23 from 9:45 a.m. to 11 a.m. and its workshop for new employers from 11 a.m. to noon. Following those workshops, the Continue reading New Mexico – Tax Workshops open for registration and available on YouTube

New Mexico – Taxation and Revenue responds to pandemic, budget challenges

Modified enforcement, improvements to customer service and technology The New Mexico Taxation and Revenue Department is continuing to find ways to improve its service to New Mexicans amid the challenges imposed by the COVID-19 pandemic. Cabinet Secretary Stephanie Schardin Clarke Continue reading New Mexico – Taxation and Revenue responds to pandemic, budget challenges

New Mexico – Albuquerque offices move to new location Nov. 16

The Albuquerque offices of the New Mexico Taxation and Revenue Department will move into new space at the Copper Pointe office complex near I-40 and Eubank on Nov. 16. The Department’s current lease at the Bank of the West Building Continue reading New Mexico – Albuquerque offices move to new location Nov. 16

New Mexico – Delivered groceries may not be taxable

The New Mexico Taxation and Revenue Department has issued new guidance on when grocery deliveries may be subject to gross receipts taxes. Receipts from food sold at a retail food store can be deducted by grocers when filing their gross Continue reading New Mexico – Delivered groceries may not be taxable

Multi-State – Guide to State Sales Tax Holidays, 2019

How would you like to get a discount of 4% (or substantially more) on your back-to-school shopping, on top of whatever seasonal promotion a retailer might offer? Plan ahead and you could. Seventeen states have annual sales tax holidays, when Continue reading Multi-State – Guide to State Sales Tax Holidays, 2019

Multistate – Wayfair Economic Nexus (ENexus) Anniversary Thresholds as of June 21, 2019

June 21, 2019 – One year since Wayfair – Anniversary Update. On this one year anniversary of the landmark decision virtually all states have responded with their enforcement intentions. The tax imposition is now retroactive. A Wayfair Process Review is Continue reading Multistate – Wayfair Economic Nexus (ENexus) Anniversary Thresholds as of June 21, 2019

Quantum Sales Tax

United States – Memorial Day May 27, 2019

New Mexico – State To Tax Out-of-State Sellers And Marketplace Providers

New Mexico is the latest of more than 35 states to adopt economic nexus and impose a sales tax collection requirement on remote businesses that have a certain amount of economic activity in the state. Starting July 1, 2019, an out-of-state seller Continue reading New Mexico – State To Tax Out-of-State Sellers And Marketplace Providers

NEW MEXICO – Mulls State-Run Pot Shops, Subsidized Medical Use

The idea for state-run pot shops comes from a trio of GOP state senators who broke with local Republican Party orthodoxy to embrace legal marijuana with a decidedly big-government approach that would have the state directly oversee most sales — Continue reading NEW MEXICO – Mulls State-Run Pot Shops, Subsidized Medical Use