Tax season is officially underway in New Mexico. On Friday, Jan. 16, the New Mexico Taxation and Revenue Department started ...

New Mexico taxpayers can begin filing their state income tax returns electronically starting Friday, January 16 as the New ...

NEW MEXICO (KRQE) – The New Mexico Taxation and Revenue Department released the 2024 Tax Expenditure Report. According to the report, the gross receipts tax deductions for groceries and prescription ...

NEW MEXICO (KRQE) – The Taxation and Revenue Department has expanded the filing extensions it has made available for taxpayers affected by the fires in the Ruidoso area. People affected by the fire ...

NEW MEXICO (KRQE) – With 2024’s tax season around the corner, the Taxation and Revenue Department has announced key dates and resources for New Mexicans. Every New Mexico resident, person with income ...

New Mexico revenue levels have hit record-high levels in recent years, driven by an oil production boom. But the revenue growth is starting to level off. Here’s a look at revenue growth by budget year ...

Tax free weekend in New Mexico begins at 12:01 a.m. on Friday, Aug. 2 and runs through Saturday, Aug. 4 at midnight. The gross receipt tax exception applies to eligible items in several categories, ...

The families of New Mexico also have improved financial support in the form of the New Mexico expanded Child Tax Credit, which gives large refundable benefits to eligible children. It is a progressive ...

SANTA FE, N.M. — The New Mexico Taxation and Revenue Department has expanded certain filing extensions for taxpayers affected by the Ruidoso fires. Tax officials say affected taxpayers who had returns ...