11/04/1999 99-28 Taxpayer contested the imposition of the 50% "fraud" penalty imposed under Section 7-1-69. The evidence established that the Taxpayer was a sophisticated taxpayer who understood her obligation to report and pay gross receipts taxes, who charged her...
10/21/1999 99-27 In 1998, the Taxpayers filed a claim for refund of personal income taxes paid during calendar years 1990 through 1993, based upon the fact that their income was earned while working as civilian employees for the Department of Navy in Spain. The...
09/16/1999 99-26 Taxpayers sought to have their NM telecommunications property revalued for tax year 1999 using the unit appraisal method of valuation. Taxpayers claimed the Department had an obligation to notify them of their right to elect between the cost valuation...
07/30/1999 99-25 Taxpayer protested the Department's denial of his claim for refund that had sought to claim a deduction for the resale of services. The Department denied the refund claim because it had previously issued the Taxpayer a 60 day letter to produce the...
07/19/1999 99-24 The Taxpayer protested the Department's estimated assessments of personal income tax, interest and the fraud penalty as well as the filing of a lien to secure the assessments. The Taxpayer failed to attend the hearing. The Department had obtained...
06/29/1999 99-23 Taxpayer was issued three personal income tax assessments by the Department. The Department also claimed a lien on the Taxpayer’s property. The Taxpayer filed a protest disputing the validity of the assessments and the lien making various tax...
05/28/1999 99-22 Taxpayer, who had wages from employment in New Mexico, filed New Mexico PIT returns reporting zero income and requesting a refund of taxes withheld by his employer. The Department estimated the Taxpayer’s income based on prior years’ returns and...
05/12/1999 99-21 Taxpayer was notified of a limited scope audit (C-SPAN) based on a discrepancy between the business income reported on her 1994 federal income tax return and the receipts reported to New Mexico. Taxpayer claimed that the Department’s method of...
05/10/1999 99-20 Taxpayers, who had wages from employment in New Mexico, filed New Mexico PIT returns reporting zero income and requesting a refund of taxes withheld by their employers. The refund was denied and Taxpayers protested, claiming 1) they are not subject to...
04/30/1999 99-19 Taxpayer was a corporate officer responsible for hiring personnel and signing withholding tax returns. The Taxpayer knew that the corporation was liable for withholding tax and that the returns had to be filed. The corporation did not file returns or...