Their turn: Republican tax assessor candidate tours experience

New Mexico’s primary elections are June 1. TEX BELCHER is a Republican candidate for Roosevelt County tax assessor. He’s running against KENNER CARRASCO. Here’s what Belcher had to say when we asked about his qualifications for the job: “My name is Tex Belcher and I was born and raised in Roosevelt County. I have three […]

Thursday morning briefing: Tax Day, music for a cause and Jackie Robinson

Good morning and happy tax day. It’s Freedom New Mexico’s Thursday briefing. Pay up State and federal taxes are due today. Local post offices aren’t staying open late. But you can get that return post marked on time if you drop it off before midnight at boxes outside the post offices in Clovis and Portales. […]

Taxpayers target of confusing system

By Don McAlavy: Freedom Columnist The Revised Gettsbury Address (Author Unknown) (Yes, I said Gettsbury, not Gettsburg.) Three score and five years ago our fathers brought forth upon this nation a new tax, conceived in desperation and dedicated to the proposition that all men are fair game. Now we are engaged in a great mass […]

Food tax vetoed

The Associated Press SANTA FE — Gov. Bill Richardson vetoed a proposed food tax on Wednesday but signed other tax increases that will provide about $170 million next year to help balance the budget. Richardson used his line-item veto powers to reject a proposal that would have reinstated the gross receipts tax on food at […]

County could see property tax increases

By Argen Duncan: PNT senior writer Many Roosevelt County property owners are facing an increase in property values for 2010, which could mean an increase in tax payments. For property the state Taxation and Revenue Department determined to be undervalued, rates are to increase 3 percent a year for residential property and 20 percent a […]

N.M. lawmakers OK $200 million tax increase package

By Barry Massey: The Associated Press SANTA FE — The state Legislature approved a measure Wednesday to raise taxes by more than $200 million next year to help balance the state budget, the largest tax increase package in more two decades. Passage of the measure moved lawmakers close to the finish line of a politically […]

Elida approves gross receipts tax

By Clarence Plank: PNT staff writer Elida residents approved a gross receipts tax 39-11 Tuesday with about half of registered voters casting ballots in municipal elections. Some 56 of 113 registered voters turned out to vote for mayor, village council and municipal judge. Only the village council and municipal judge seats were contested. “The people […]

TRICARE tools tame tax time

By Tyler Patterson: TriWest Healthcare Alliance TriWest Healthcare Alliance PHOENIX — Love it or hate it, there’s no denying it: Tax season is here. Do you see yourself digging through piles of paper looking for last year’s forms and receipts? There’s a better way — TRICARE West Region beneficiaries can find TRICARE out-of-pocket costs online […]

Elida voters to decide on gross receipts tax

Freedom New Mexico Elida voters on Tuesday will decide whether to implement an additional gross receipts tax for economic development and municipal infrastructure. The municipal election ballot contains a question about whether to implement the tax of one-sixteenth of 1 percent, or a penny on every $16. If passed, the tax would go into effect […]

Tax hike only temporary solution

By Keith Gardner: Guest columnist The day many of us warned of is now here. New Mexico’s budget deficit has risen to somewhere around the $650 million mark. This problem was not just caused by the shrinking economy and the declining state revenue that followed — it was also caused by state government overspending. Between […]

Military OneSource offers free tax filing

By Elaine Wilson: American Forces Press Service WASHINGTON — Defense Department officials encourage military families to once again take advantage of the free electronic tax filing services offered through Military OneSource. People can access the H&R Block at Home program by going to Military OneSource at http://www.militaryonesource.com/ and clicking on “Tax Filing Services.” More than […]

Program offers free tax help

PNT staff reports Again this year, AARP, the Internal Revenue Service and the Eastern New Mexico University College of Business are sponsoring Tax-Aide in Portales, according to Portales Site Coordinator Mercedes Agogino. The program provides free tax returns and electronic filing to low- and middle-income people. It is available 1-4 p.m. Mondays and Wednesdays Feb. […]

1-28 Legislative tidbits

Days remaining in session: 21 Restaurant tax would fund promos A measure (HB 189) carried by Rep. Jim Trujillo, D-Santa Fe, would generate between $6 and $6.5 million for the state’s Department of Tourism advertising budget. The 1/4 of one percent tax would be imposed “on the gross receipts of a prepared food or alcoholic […]

Base tax office ready to open

By Myra Barnum Tax season, one of the most dreaded times of the year is once again upon us. However, completing and filing your tax forms can be painless, simple, and free if you come to the Cannon Tax Office, which opens Jan. 26. All active duty personnel, family members, retirees and federal civilian employees […]

Dems back tax increase for wealthy

By Steve Terrell: The New Mexican Despite the fact that Gov. Bill Richardson and conservative Democrats who control the state Senate are opposed increasing taxes, a band of lawmakers Thursday are proposing various tax hikes. And one senator in the newly formed group called the Working Families Caucus, told reporters there are 22 votes in […]

Fixes proposed for contentious property tax law

By Phaedra Haywood: Santa Fe New Mexican What to do about “tax lightning” will be debated during the state Legislature’s upcoming session. Lawmakers, who convene Tuesday for a 30-day session, will consider various ways to fix a New Mexico property tax law that can cause a dramatic increase in a home’s taxable value when it […]

Budget cuts, tax hikes on horizon

By Steve Terrell and Kate Nash: The New Mexican There’s a mountain of need in New Mexico. The problem is, there’s only a molehill of money to meet those needs. The state faces a projected budget deficit of $600 million or more next year. This is what the Legislature is up against when New Mexico’s […]

Bank fees will trickle down to consumers

Freedom New Mexico President Barack Obama is said to be considering a special tax (or fee or levy, as some might prefer to disguise it) on financial institutions, though the calculated leaks from the White House suggest the details are still up for grabs. Before he gets much farther it would be a good idea […]

Grocers oppose reinstating food tax

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By Chris Schmaedeke: Freedom New Mexico Local grocers don’t believe reinstating a food tax is the solution to solving a shortfall in state revenue. The statewide food tax was abolished six years ago by New Mexico Legislature with Gov. Bill Richardson’s support. But a 42-member task force appointed by Richardson in November appears to be […]

Tax time tips offered

By Myra Barnum: Cannon Tax Office manager Doing taxes is not everyone’s favorite pastime; however, the more you know, the better prepared you will be to handle this unpleasant task. The Cannon Tax Office is going to be providing free services again this year. We want to provide you with some tips to help you […]