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CRS Redesign Project FAQs
Will separate email addresses still be required for each new business one is registering?
Yes, unless you are registering an additional Business Tax ID under an existing FEIN (this is rare.)
Who can I contact if I have questions about filing a return after the new system begins?
Please use the following emails for questions about the different programs: For Gross Receipts Taxes and Compensating Taxes: GRT.TRDHelp@state.nm.us For Withholding (wage and non-wage): WHT.TRDHelp@state.nm.us For Workerâs Compensation fees:...
What if I want to later review or amend returns for filing periods prior to July 31, 2021?
To view and amend returns for periods prior to July 31, 2021, the seven business tax programs formerly in the Combined Reporting System (CRS) will be contained in three locations, as follows: Gross Receipts Tax will house prior returns for Gross Receipts Tax,...
What return form do I use to report my business taxes for the period ending July 31, 2021, which are due by Aug. 25, 2021?
Taxpayers filing electronically using the Taxpayer Access Point (TAP) will report on the new separate account forms for Gross Receipts Tax, Compensating Tax, Wage Withholding Tax, Non-Wage Withholding Tax, Governmental Gross Receipts Tax, Interstate Telecommunications...
What return form do I use to report my business taxes for the period ending June 30, 2021, which are due by July 25, 2021?
Taxpayers filing electronically using the Taxpayer Access Point (TAP) for Gross Receipts Tax, Compensating Tax and Withholding Tax will use the new, separate account forms for those programs. Taxpayers using TAP to report Governmental Gross Receipts Tax, Interstate...
Will my payroll service provider or accountant continue to have access to my account when the redesign is complete?
A: Any third party that now has access to a CRS account will continue to have the same access after the redesign. So, a third party who has access to file and pay on behalf of a CRS taxpayer, will have that same access for all of that taxpayerâs new...
I usually file a return only to report my gross receipts and pay the Gross Receipts Tax. Will I have to fill out all those other forms?
Taxpayers will only have to fill out returns for the tax programs that apply to them. So, if you only report under the Gross Receipts Tax, that is the only return you will need to file. The Department will have separate returns for Gross Receipts Tax, Governmental...
Why are you redesigning the Combined Reporting System?
The original idea behind the Combined Reporting System (CRS) was to simplify the filing of business-related tax returns. In practice, it has too often required taxpayers to submit âsupplementalâ or amended returns and manual...
What will the new filing system look like?
Taxpayers will have separate, targeted returns for General Gross Receipts Tax; Governmental Gross Receipts Tax; Leased Vehicle Surcharge and Gross Receipts Tax; Wage Withholding Tax; Non-Wage Withholding Tax; Compensating Tax (with state and local options filed on one...
If each of these programs require a separate return, won’t that mean more work for taxpayers?
The goal is to ask taxpayers to enter the same or less data and decrease the overall time to report for most taxpayers. Of the tax programs contained within CRS today, the vast majority of taxpayers file only GRT or only GRT and Wage Withholding tax....