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taxation

N.M. House Republicans urge Gov. Lujan Grisham to hold special session to eliminate state income tax

N.M. House Republicans urge Gov. Lujan Grisham to hold special session to eliminate state income tax

Gov. has proposed $250 rebate checks for residents

City of Durango seeking partner for airport shuttle service

City of Durango seeking partner for airport shuttle service

Councilors approve discretionary lodgers tax projects

January 13, 2026

Tax relief on medical costs and inheritance ends in 2025 unless New Mexico’s Legislature acts

Tax relief on medical costs and inheritance ends in 2025 unless New Mexico’s Legislature acts

More than 28% of New Mexicans in 2023 claimed out-of-pocket medical expenses to lower their taxes

December 24, 2024

Taxpayers in 24 states will be able to file their returns directly with the IRS in 2025

Taxpayers in 24 states will be able to file their returns directly with the IRS in 2025

WASHINGTON (AP) — The IRS is expanding its program that allows people to file their taxes directly with the agency…

October 3, 2024

Study says undocumented immigrants paid almost $100 billion in taxes

Study says undocumented immigrants paid almost $100 billion in taxes

In 40 states, undocumented immigrants paid higher tax rates than the top 1% of the income scale

New Mexico Tax-Free Weekend is this week but school has already started in Southern New Mexico

New Mexico Tax-Free Weekend is this week but school has already started in Southern New Mexico

The tax break applies to school and office supplies, plus certain clothing and computers

New Mexico warns about property tax fraud scheme

New Mexico warns about property tax fraud scheme

San Juan County is asking for tax fraud awareness

All New Mexicans will pay less income tax after first major change in nearly 20 years

All New Mexicans will pay less income tax after first major change in nearly 20 years

All state taxpayers will owe less, but especially those who make the least

IRS warns tax filers to be wary of fraud now that 2024 season is underway

IRS warns tax filers to be wary of fraud now that 2024 season is underway

Phishing scams, fraudulent preparers are two prominent schemes

February 1, 2024

Gross receipts tax rate drops

Gross receipts tax rate drops

Change effective July 1