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February 06, 2012

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New Mexico State Statutes

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	Newsroom
	News about Taxation cases in New Mexico and nationwide: U.S. Government Sues Jackson Hewitt Tax Preparation Franchises, Alleging Pervasive Fraud The United States has filed civil injunction suits against five corporations that operate Jackson Hewitt tax preparation franchises, as well as 24 ... Read more > United States And United Kingdom Sign New Income Tax Convention The Treasury Department announced Tuesday that Secretary of the Treasury Paul H. O'Neill and U.K. Chancellor of the Exchequer Gordon ... Read more > Tax Amnesty Collections Near $10 Million Program on Pace to Hit $48 Million Target Richmond, VA, October 15, 2003 - Virginia's Tax Amnesty program, which seeks to... Read more > More Taxation News >

Taxation Terms

Today's Terms

Meal Expense Deduction

Definition:
Generally, you can deduct only 50% of your business-re-lated meal expenses while traveling away from your tax home for business purposes. Also, you can generally deduct only 50% of certain reimbursements you make to your employees for meal expenses they incur while traveling away from home on business.

Electric and Clean-Fuel Vehicles

Definition:
For vehicles placed in service in 2004, the maximum clean-fuel vehicle deduction and qualified electric vehicle credit are scheduled to be reduced by 25%, as compared to 2003.

Federal Insurance Contributions Act (FICA) Tax

Definition:
Provides benefits for retired workers and their dependents as well as for disabled workers and their dependents. Also known as the Social Security tax.

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Tax Legal Resources

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Taxation Hot Topics

Topics Related to Taxation Law:

Income Tax Cases
Recent Estate & Gift Tax Cases
Recent Income Tax Cases
State Statutes Dealing with Taxation

New Mexico Taxation Attorney

If you live in the following cities and need an taxation attorney you should contact our Taxation Attorney as soon as possible:

Alamogordo
Albuquerque
Anthony
Artesia
Aztec
Belen
Carlsbad
Clovis
Deming
Edgewood
Espanola
Farmington
Gallup

Hobbs
Las Cruces
Las Vegas
Los Alamos
Los Lunas
Portales
Rio Rancho
Roswell
Santa Fe
Shiprock
Silver City
Taos

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