Top Stories

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.

New Mexico’s tax amnesty program off to big start

By | 07.01.10 | 9:02 am

Image from New Mexico Taxation and Revenue Department website, advertising the program

One month into the program, and with three months to go, over 2,000 people have already looked into using New Mexico’s tax amnesty program, reported the Associated Press yesterday. The program was approved by the state Legislature this year, as a way to spur people to self-report and pay back taxes without having to pay penalties or interest. State officials have projected that ultimately the program will bring in about $7 million.

Billed as a “limited time offer,” the agency is promoting the program as an antidote to a common ailment.

“Only New Mexico Tax Relief can give you freedom from the countless symptoms caused by unreported or under-reported state taxes,” the website states.

Once a taxpayer has applied for the program, the agency does an investigation and let’s them know how much they owe, as if they were paying before the original deadline. The taxpayer then has 180 days to pay the tax.

Comments

Categories & Tags: |