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Thursday, February 20, 2025

Taxes News

Taxes

How many people moved to Bernalillo County in 2019 from across the U.S.?

Bernalillo County saw 9,114 people migrate from across the U.S. during 2019, an increase over the previous year, according to the Internal Revenue Service.

By ABQ Times | Apr 12, 2023

Taxes

How many people moved to Bernalillo County in 2019 from the same state?

Bernalillo County saw 5,622 people migrate from within the state during 2019, an increase over the previous year, according to the Internal Revenue Service.

By ABQ Times | Apr 12, 2023

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Taxes

How many people moved to Bernalillo County in 2019?

By ABQ Times | Apr 12, 2023

Bernalillo County saw 14,911 new residents during 2019, an increase over the previous year, according to the Internal Revenue Service.

From Enchantment State News

Top marginal tax rate in New Mexico could reach 54.24% under Biden plan

By Metric Media News Service | 4 years ago

Under Democrat Joe Biden’s federal tax plan, the top marginal tax rate in New Mexico could hit 54.24 percent, according to a new analysis by the Tax Foundation.

From Enchantment State News

Bill aims to give taxpayers a break on interest, penalties

By Solange DeLisle | 4 years ago

A bill aimed to cut a break on interest and penalties for taxpayers in New Mexico has become law after Gov. Michelle Lujan Grisham (D-NM) signed House Bill 6, which was overwhelmingly passed in a special session of the state legislature.

From Enchantment State News

Republicans unhappy with special session, possible tax increases

By Kyla Asbury | 4 years ago

Republican Whip Rod Montoya (R-Farmington) is not happy with how the 2020 special legislative session is going, according to a New Mexico Republican release.

From Enchantment State News

New Mexico Republicans expect Grisham's actions to result in tax hikes

By Bob Pepalis | 4 years ago

House Republicans express frustration after not receiving notice of legislation for the special session and not getting draft text or information on any of the proposed bills.

From Enchantment State News

IRS audit rate for McKinley County residents is highest in New Mexico

By Michael Carroll | 5 years ago

McKinley County residents were audited by the Internal Revenue Service at a greater rate than all similar jurisdictions in New Mexico, according to an analysis by the website 24/7 Wall St.

From Enchantment State News

NM farmers, agri-business receive millions in trade war subsidies, studies reveal potential overpayments

By John Breslin | 5 years ago

Farmers and agri-businesses in New Mexico have received more than $16 million in subsidies made available to combat the effects of the trade war with China, according to a database developed by a Washington-based advocacy organization.

From Enchantment State News

New Mexico depends on property taxes for 19.7% of its state, local funds

By Michael Carroll | 5 years ago

New Mexico relies on property taxes for 19.7 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.

From Enchantment State News

New Mexico places tax of 41 cents per gallon on beer

By Michael Carroll | 5 years ago

State taxation on beer in New Mexico amounts to 41 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.

From Enchantment State News

New Mexico collects $1.70 per gallon in wine taxes

By Michael Carroll | 5 years ago

The wine excise tax in New Mexico amounts to $1.70 per gallon, according to a Tax Foundation study based on January 2019 data.

From Enchantment State News

New Mexico ranked ‘tax-friendly’ in new Kiplinger tax guide

By Michael Carroll | 5 years ago

The overall tax system in New Mexico was dubbed “tax-friendly” in a recently released 50-state tax guide published by the Kiplinger business forecasting website.