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The New Mexico Independent going forward

By | 11.16.11

I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…

New Mexico’s largest university low in popularity

jobs-80
By | 11.10.11

Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.

More than 25,000 NM businesses might qualify for health care tax credit

By | 06.22.10 | 3:38 pm

More than 25,700 small businesses in New Mexico potentially could qualify for a new small business tax credit that is part of the new federal health care law, according to the U.S. Department of Health and Human Services.

The tax credit is meant to make it easier for small employers to provide health insurance to their workers and make premiums affordable, the agency says on its website.

Tax credits of 25 percent of premium costs are available for small businesses with 25 of fewer employees and  average annual wages of $50,000 or less, according to a press release issued earlier this year from the office of U.S. Rep. Ben Ray Lujan.

Smaller businesses with 10 or fewer full time employees are eligible for the maximum tax credit — 35 percent of premium costs, the release went on to say.

According to the federal health and human services agency, the small businesses pay 18 percent on average “more than large businesses for the same coverage, and health insurance premiums have gone up three times faster than wages in the past 10 years.”

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