Essential New Mexico 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 tax. Overlooking GRT can be a expensive mistake.
Topics
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What is gross receipts tax?
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What does the term gross receipts mean?
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Who does it apply to?
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What does it apply to?
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Registration
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Tax rates
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Bookkeeping & reporting
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Audits
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Non-Taxable Transaction Certificates
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Is GRT a deductible business expense?
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Compensating tax
Where: Online
Format: Zoom meeting
Duration: 2-3 hours
Fee: Refer to registration form.
Next session: Friday, July 24 @ 9:00am