New Mexico Edition

Tax Law Questions and Answers in New Mexico

Returns, audits, tax notices, liabilities, deductions, and compliance questions. Browse the New Mexico edition of this legal topic.

Discover how sales tax applies to Staples purchases, including exemptions and deductions

Discover how annuities can fund qualified retirement plans, offering tax benefits and predictable income in retirement

Learn about TCJA rules for deducting meals and entertainment, and how to apply them to your business expenses

Discover what nonrecaptured net Section 1231 losses are and how they impact your taxes, including calculation and deduction rules.

Discover who pays tax when an estate is the beneficiary of an IRA and understand the tax implications for estates and beneficiaries.

Learn how your salary is affected by taxes, including tax deductions and benefits

Understand state conformity to bonus depreciation and its impact on your business. Learn about the rules and regulations.

Amend Form 941 to claim the Employee Retention Credit, a refundable tax credit for businesses impacted by COVID-19

Learn about the three-property rule for 1031 exchanges, a tax-deferred strategy for real estate investors.

Discover how long the IRS has to collect a tax debt and learn about the statute of limitations for tax debt collection.