07/07/2011 11-14 The Taxpayer is a single-member limited liability company, organized in New Mexico, whose purpose is starting new companies. The Taxpayer created a second limited liability company, World Wide Art Sellers, LLC (WWAS), whose membership included the...
06/10/2011 11-13 The Taxpayer was a self-employed model during tax years 2005 and 2006. The Taxpayer consulted with H&R Block to prepare her personal income taxes for those years. The Taxpayer’s federal income tax returns included Schedule C forms showing...
06/03/2011 11-11 The Taxpayer was engaged in providing hauling services for a construction project in New Mexico in 2006. The Taxpayer did not report or pay gross receipts taxes for 2006. The Department determined that there was a mismatch between Taxpayer’s gross...
04/11/2011 11-10 The Taxpayer is a limited liability company in good standing organized under the laws of Delaware, with all of its operations, facilities and personnel located outside of New Mexico. The Taxpayer is a leading internet-based retailer of books, music,...
03/17/2011 11-09 The Taxpayer is an “S” corporation, incorporated in South Carolina and doing business in New Mexico. The Taxpayer does not have a retail office, representatives, dealers, or a sales office in New Mexico. The Department conducted an audit of Taxpayer...
03/15/2011 11-08 The Taxpayer was a state-licensed jockey agent in tax years 2005 and 2006. The Taxpayer believed that her income, a percentage of her jockey-client’s purse earnings, was exempt from gross receipts taxes because she was a “horsemen” for purposes of...
03/14/2011 11-07 The Taxpayer was engaged in business in New Mexico in 2005 and 2006, providing installations to other companies, who resold those services to its customers. The Taxpayer did not report the proceeds of those services as part of its gross receipts....
03/08/2011 11-06 The Taxpayer, operated a sole proprietorship business, having leased advertising space at the Four Corners Regional Airport in Farmington and re-leased that space to others. The agreement with the City of Farmington included language notifying the...
02/10/2011 11-04 The Taxpayer was a New Mexico resident in 2005 and 2006 and received retirement income distributions in those years. The Taxpayer failed to file personal income tax returns with the Department for 2005 and 2006. The Department determined that the...
02/09/2011 11-05 The Taxpayer was engaged in business in New Mexico in 2007 and was required to file and pay gross receipts tax monthly. The Taxpayer relied on its bookkeeper in 2007 to prepare and file the reports and payments. In March 2008, the bookkeeper’s...