BASIC GROSS RECEIPTS TAX WORKSHOP


Objective

Learn essentials of New Mexico gross receipts tax
(GRT)

Description

Gross receipts tax applies to all businesses operating in New Mexico or having sales to customers in New Mexico. GRT is New Mexico's version of sales tax but it it not the same as sales taxOverlooking GRT can be a expensive mistake.

Topics
  • Which businesses does GRT apply to?
  • What is GRT?
  • Problems encountered especially by people who do not realize they are required to report
  • Audits
  • Proving non-taxable income
  • Best practice
  • Is GRT a deductible business expense?
Where: Online
Format: Zoom meeting
Time: Approximately 2 hours

Click here if you would like to attend and I will let you know the date of the next one.