by Michael Hogberg, EA | Jul 28, 2022 | Enforcement Updates, State Tax
July 28, 2022 New Mexico businesses are reminded that the statewide Gross Receipts Tax rate dropped from 5.125% to 5% on July 1, 2022. As a result, most rates that businesses must collect and remit have changed, as well. Governor Lujan Grisham brought Republicans and...
by Michael Hogberg, EA | Jul 6, 2022 | State Tax
July 6, 2022 oming off the greatest year of revenue collections in state history, Gov. Jim Justice announced today that he is proposing a permanent 10% cut of the personal income tax. Under the Governor’s proposal, the 10% tax cut will be retroactive to the beginning...