10/10/2013 13-29 On April 25, 2007, the Department assessed Taxpayer for personal income tax, penalty and interest for the personal income tax period ending December 31, 2003. Taxpayer protested the assessment, arguing he was not a New Mexico resident in 2003 because...
10/03/2013 13-28 The Taxpayer was engaged in a storage business from 1999 through 2008, and it filed and paid gross receipts tax for this period. In 2013, another business owner informed the Taxpayer that its gross receipts taxes were deductible. In March 2013, the...
09/27/2013 13-27 The Taxpayer is a sole proprietorship engaged in business only in 2006. The Taxpayer worked in 2006 as an independent contractor providing physical therapy services. The Taxpayer’s services were resold in the ordinary course of business by the...
09/24/2013 13-26 The Taxpayers filed and paid their personal income taxes for the 2009 and 2010 tax years. They did not file a claim for refund or credit for either of these years, but were issued refunds by the department for each of the two years. In December 2011,...
09/23/2013 13-25 For 2012, the Taxpayer was above the threshold amount set by Section 9-11-6.4 NMSA 1978, and was thereby required to file its withholding tax electronically. The Taxpayer paid its withholding tax on time and filed a paper withholding tax return....
09/18/2013 13-24 The Taxpayer suffered significant financial losses as a victim of the Madoff investment funds fraudulent scheme. As a result, accountants advised the Taxpayer to do a loss carry-back for previous personal income tax years. Due to the loss...
09/12/2013 13-23 On June 26, 2012, following an audit, the Department assessed the Taxpayer for gross receipts tax, penalty and interest for the tax period ending on December 31, 2009. The Taxpayer filed a formal protest to the assessment. The Taxpayer produced a...
08/16/2013 13-22 The Taxpayer provides geotechnical engineering and testing services in New Mexico. The Department assessed the Taxpayer for gross receipts tax and interest for the tax periods January 31, 2000 through October 31, 2005. The Taxpayer was also assessed...
08/13/2013 13-21 In May 2013, the Department sent six assessments to the Taxpayers for personal income tax, penalty and interest. The taxable years covered in the assessments were the years ending December 31, 2008 through December 31, 2011. The Taxpayers filed a...
08/06/2013 13-20 The Taxpayer prepared and signed an application for an Alternative Energy Product Manufacturer’s Tax Credit on July 24, 2011. The Taxpayer did not mail that application to the Department until December 21 2011. The Department received the application...