What is the New Mexico tax amnesty I've heard about?
Once upon a time in New Mexico there was an tax amnesty program. It's gone, but now there is what amounts to another one. New
Mexico's Tax Amnesty law expired September 30, 2010. However, there is
still an opportunity to avoid penalties & interest if you qualify
for a Managed Audit. Requirements. The main requirements to qualify for a Managed Audit are:
At the end. You must pay in full all taxes due on delinquent tax returns within 180 days of the date of the state's billing notice. |