Archive for June, 2009

New Mexico Rate Changes

June 1st, 2009

The New Mexico office of Taxation and Revenue has posted their gross receipts changes effective 1 July 2009. Included in the change publication are tax increases or decreases in the following counties: Bernalillo, Cibola, DeBeca, Dona Ana, Los Alamos, Rio Arriba, Sandoval, Sante Fe, Taos, and Valencia.

Hawaii Allows Delinquent Tax Payers a Temporary Grace Period

June 1st, 2009

The Hawaii Department of Taxation’s “Tax Fresh Start Program” provides an opportunity for eligible individuals, businesses, and other taxpayers who either failed to file a tax return or who have underreported the amount of taxes owed, to voluntarily become tax compliant by paying the Hawaii taxes due for eligible tax periods during the program period running from May 27, 2009 through June 26, 2009. Taxpayers participating in the program will not be subject to any applicable penalties, will pay interest at a substantially reduced rate and will not be referred for criminal tax prosecution.