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
  • What is GRT?
  • Who does GRT apply to?
  • What does it apply to?
  • Administrative requirements
  • Audits
  • Best practices
  • Is GRT a deductible business expense?
Where: Online
Format: Zoom meeting
Duration: Approximately 2 hours
Next session: To be determined