105 Views U.S. Senators Martin Heinrich of New Mexico and Elizabeth Warren of Massachusetts and over 130 lawmakers sent a letter to the U.S. Secretary of the Treasury Janet Yellen and the Internal Revenue Service Commissioner Daniel Werfel, applauding the successful pilot of the Direct File program, and urging them
150 Views ALBUQUERQUE, N.M. — The tax filing deadline is coming and if you’re a parent, you’ll want to know about a child tax credit you can claim in New Mexico.
254 Views SANTA FE, N.M. (KRQE) – The 2024 lawmaking session is a short one. Politicians only have a total of 30 days to get their work done. And so far, a lot of the high-priority bills haven’t made it very far through the process. Wednesday, January 31, lawmakers will
202 Views NEW MEXICO (KRQE) – Tax filing season is here, and starting this year, New Mexico families will be able to claim a new child tax credit that ranges from $25 to $600 per qualifying child.
247 Views SANTA FE, N.M. (KRQE) – Tuesday, January 23, lawmakers are still working in committees to launch the discussion of a range of bills. Today, a handful of environment-related tax credits are up for discussion.
211 Views New Mexico is now among the top 10 states for most equitable tax structures thanks mostly to changes signed into law by Gov. Michelle Lujan Grisham over the past five years, according to a new report by the Institute on Taxation and Economic Policy (ITEP).
388 Views Voters in Santa Fe may be getting asked if they want to place an excise tax on the sale of million dollar homes to raise funds for affordable housing programs. A bill that would place the question on the November ballot was introduced Wednesday night at the city’s
373 Views ALBUQUERQUE, N.M. (KRQE) – In 2022, New Mexico offered up cash for residents as a way to help cover rising costs of living. To get the rebates, you needed to file a 2021 personal income tax return. But it’s still not too late.
440 Views Tax rebate checks approved in the 2023 legislative session will begin to hit bank accounts on June 16, 2023. The state Taxation and Revenue Department will send $500 rebate checks to single filers and $1000 rebate checks to couples filing jointly.
406 Views Today is the deadline to file your 2022 tax return. Some have already filed taxes, and others may be looking for extra time to prepare and gather everything to file. While asking for an extension may seem like a difficult task, the IRS says it’s pretty easy to
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