Unclaimed property holder compliance 

The Taxation and Revenue Department may:

  • require you to file a verified report in a form specified by the administrator if you have not filed an Unclaimed Property Report, or if the administrator believes that the report you have filed is inaccurate, incomplete or false; 
  • examine your records to determine whether or not you have complied with the Uniform Unclaimed Property Act (1995). The administrator may conduct the examination even if you believe you are not in possession of any property that must be reported, paid or delivered under the Uniform Unclaimed Property Act (1995); 
  • contract with any other person to conduct the examination on behalf of the administrator, or
  • examine the records of an agent of a business association or financial association that is the holder of property presumed abandoned if the administrator has given the proper notice to both the association or organization and the agent at least 90 days before the examination.

To review specific language on requests for reports and examination of records, please see the Uniform Unclaimed Property Act, (Sections 7-8A-1 through 7-8A-31 NMSA 1978).

Alternatively, property holders may arrange for managed audits (self-audits). Additional information on managed audits is available online.   

  • Message from the Secretary It’s that time of the year again when New Mexicans are getting ready to file their 2011 tax returns. I want to encourage everyone to file tax returns online. Not only will you receive your refund check faster… Read More

E-File for accurate returns and faster refunds.
Federal automatic extensions also extend New Mexico income tax returns.
E-File and E-Pay and extend your income tax due date.
Get your refund faster when you E-File.
Low-income residents may qualify for income tax credits.
You may qualify for the Working Family Income Tax Credit.
You may qualify for the Earned Income Tax credits.
Estimated tax payments may be required if you withhold too little.
Manage your account online using Taxpayer Access Point.
Business closed? Update your CRS account online.
Gross receipts tax rates are subject to change in January and July.
NTTCs may be required to support tax-deductible sales.
Changing your address? Update your tax records online.
View payments and returns using Taxpayer Access Point.
Keep up with recent tax changes. See the instructions.
Keep accurate tax records for up to 10 years.
Double-check your figures. Errors will delay your return.
Get your money faster using refund express direct deposit.
Pay online by electronic check or credit card.
Avoid delays, submit a complete return.
Tax Fraud in New Mexico, call 1-800-457-6789.
Check the status of your refund, visit Taxpayer Access Point.
Pay your property taxes to your county treasurer.
Delinquent property taxes? See your local county treasurer’s office.
Find out who is managing your county government.
Property tax auctions are often held at the county treasurer’s office.
April property tax valuation determines your November tax bill.
Property taxes pay for schools, police, and hospitals.
Property was sold at auction? We may have your money.
Stop penalty and interest by paying your principal tax quickly.
Make sure you use correct tax ID numbers.
Refund express? Double-check your bank account and routing numbers.
Include your phone number and e-mail address when filing.
Secure your tax records from identity theft.
Generally, both spouses are responsible for liability on a joint return.
Sign and date your return.
Avoid preparers who base their fee on a percentage of the refund.
Tax fraud is the responsibility of the taxpayer
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