11/14/2002 02-28 The Taxpayer was assessed for CRS taxes, penalty and interest due as a result of a dishonored check. The Taxpayer protested the penalty and interest, and the Department subsequently abated the penalty portion of the assessment. At the administrative...
10/30/2002 02-27 The Taxpayer is engaged in the business of treating oil wells in New Mexico, Oklahoma and Texas. In 1994, when the Taxpayer began servicing oil wells in New Mexico, he called the Taxation and Revenue Department to determine his tax liability in New...
10/29/2002 02-26 The Taxpayer was employed as the marketing director of a 501(c)(3) organization from February 1988 through July 1994. In August 1994, the Taxpayer entered into a contract to perform marketing services as an independent contractor for the same...
10/22/2002 02-25 The Taxpayer is registered with the Department for payment of monthly CRS taxes. The Taxpayer's bookkeeper was late preparing the CRS return for the October 2000 reporting period, and the return was hand-delivered to the Department one day after the...
10/03/2002 02-24 The Taxpayer, a New Mexico resident, filed a 1998 New Mexico Personal Income Tax return in April 1999 claiming a $1,331 credit for prescription drugs. In January 2002, the Department assessed the Taxpayer for tax, penalty and interest as a result of...
10/02/2002 02-23 The Taxpayer is a Texas corporation with its principal office in Texas and two additional business locations in New Mexico. Following an audit, the Department assessed the Taxpayer for gross receipts and compensating taxes, plus penalty and interest,...
09/16/2002 02-20 In May 1996, Gerald Tabet started a construction business, which was operated as a sole proprietorship under the name Gecko Southwest Homes, Ltd. Mr. Tabet registered Gecko for payment of New Mexico CRS taxes and filed returns for a few months. Mr....
09/16/2002 02-22 The Taxpayer is registered with the Department for monthly payment of CRS taxes. In 1999, the Taxpayer switched its accounting software to accommodate growth in its business and insure the system would be Y2K compliant. The software change increased...
09/10/2002 02-21 In December 1999, the Department audited the Taxpayer for payment of IFTA and weight distance taxes for the period January 1997 through December 1999. Since the Taxpayer retained its accounting records for only six months, the Department had to use...
08/27/2002 02-19 The Taxpayer owns and operates five retail stores in New Mexico and is registered with the Department for payment of CRS taxes. Following an audit, the Department assessed the Taxpayer compensating tax, interest, and penalty for the time period...