2007

06/12/2007 07-11 In 2004, the IRS notified the Taxpayer that an examination of his 2000 and 2001 federal income tax returns revealed a substantial underreporting of compensation.  The reports that notified the Taxpayer, referred to as...

06/11/2007 07-10 The Department assessed the Taxpayer for 1999 New Mexico personal income tax, plus penalty and interest.  The Taxpayer protested, challenging the validity of state and federal income tax laws.   The Taxpayer did not deny that...

06/07/2007 07-09 The Taxpayers were assessed as successors in business to a supermarket previously operated in the same location.  The Department subsequently issued a Notice of Claim of Tax Lien which  referenced the earlier assessment....

05/16/2007 07-08 The Taxpayer made an error on his 2002 state and federal income tax returns.  He subsequently amended his federal return to correct the error, but did not amend his New Mexico return.  In 2006, the Department assessed the...

04/30/2007 07-07 The Taxpayer established a sole proprietorship in July 2002.  In January 2003, the Taxpayer filed his first CRS return to report gross receipts taxes due for the 6-month period ending December 31, 2002.  After seeing the amount...

04/23/2007 07-06 In March 2005, the Taxpayer filed a claim for refund of gross receipts taxes, which was denied by the Department because it was not filed within the three-year statute of limitations set out in Section 7-1-26 NMSA 1978.  The Taxpayer...

04/12/2007 07-04 The Taxpayer filed timely 2002 federal and New Mexico personal income tax returns.  Her federal return was subsequently adjusted by the IRS, resulting in additional tax liability.  The Taxpayer failed to file an amended New...

03/26/2007 07-03 The Taxpayer moved to New Mexico in July 2004.  On his 2004 New Mexico personal income tax return, the Taxpayer claimed a credit for taxes paid to Pennsylvania on capital gain from real estate sold prior to July 2004; none of this income...

02/07/2007 07-02 The Taxpayer performed services for a nonprofit business as an independent contractor during the 2001, 2002 and 2003 tax years.  The Taxpayer did not charge or pay gross receipts tax on her receipts from the nonprofit.  In 2004...

02/05/2007 07-01 The Taxpayer was a New Mexico resident in 1998, but did not file federal or state income tax returns for that year.  In 2004, the IRS assessed the Taxpayer for the federal tax due on her 1998 income.  In 2006, based on...