08/31/2001 01-21 The Taxpayer protested an assessment of gross receipts tax, penalty and interest on the grounds that he was financially unable to pay the assessment. Protest Denied. Inability to pay an assessment of tax is not a defense to the liability. Back to Tax...
08/30/2001 01-19 In this consolidated protest, the Taxpayers were hospitals which had claimed deductions, pursuant to Section 7-9-54, for their receipts from Medicare for providing tangible personal property to Medicare covered patients. The Department denied the...
08/30/2001 01-20 During 1995, the Taxpayer worked as an independent contractor for a company that manufactured computer devices while his wife worked as an independent contractor for an employment agency. Although the Taxpayer was performing services on a manufactured...
08/22/2001 01-18 In February 2000, the Taxpayers filed their 1999 personal income tax returns reporting zero federal adjusted gross income on their federal income tax return and reporting zero New Mexico taxable income and zero New Mexico tax due on their state...
08/16/2001 01-17 In November 1997, the Taxpayer began selling tobacco products at retail. The Taxpayer purchased the products she sold from tobacco wholesalers. The Taxpayer then entered into buydown and shelf-display contracts with various cigarette manufacturers....
08/01/2001 01-15 Taxpayers opened a retail clothing store in May 1998. Recognizing their lack of business experience, the Taxpayers hired a CPA and an attorney for the specific purpose of insuring that all required tax and legal forms were filed correctly. The...
08/01/2001 01-16 Taxpayer is a federal contractor involved in developing software for the government. In 1995, the corporation hired an office manager to handle the company’s financial records and accounting systems. In July 1997, the filing of CRS returns by the...
07/30/2001 01-14 The Taxpayer was assessed gross receipts tax on his gross receipts from performing services as an independent contractor, severing timber which was owned by another person. The Taxpayer had not reported or paid gross receipts tax on his receipts,...
07/18/2001 01-12 Between 1982 and 1997, the Taxpayer was employed by a national company. During most of this 15-year period, the Taxpayer lived and worked in Texas. He also lived in Oklahoma for a brief period, and then moved to New Mexico in 1994. During his 15 years...
07/18/2001 01-11 The Taxpayer learned upon audit that one of its customers had provided it with a Department form NTTC which the customer had altered to indicate that it was a Type 5 NTTC when it had originally been issued to the customer as a Type 15 NTTC. The...