The proposed measure would replace the Working Families Tax Credit with a state version of the Earned Income Tax Credit.

The proposed measure would replace the Working Families Tax Credit with a state version of the Earned Income Tax Credit.

Bernalillo County Commissioners voted to pass an ordinance creating a low-income tax rebate of up to $350 for homeowners on their property taxes with an annual income of $24,000 or less. The rebate ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

With 2024’s tax season around the corner, the Taxation and Revenue Department has announced key dates and resources for New Mexicans. Who needs to file taxes in New ...

The focus is on simplifying the tax process, continuing the evolution of the new tax regime, increasing exemptions and ... The views expressed are their personal.

Finance minister Nirmala Sitharaman plans to introduce a bill for a new direct tax law during the budget session. The focus is on simplifying provisions and making the language more accessible for ...

Most experts anticipate that budget 2025 will bring changes to the personal income tax provisions under the new regime. However, Ankit Jain, a Partner at Ved Jain & Associates, a tax firm ...

BUT WE’RE THE ONLY STATE IN THE NATION WHERE THE LEGISLATORS DO NOT RECEIVE A SALARY. NEW MEXICO HAS TWO CHAMBERS SHARING IMPORTANT LEGISLATIVE RESPONSIBILITIES. THE STATE HOUSE, WITH 70 ...