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2. New Mexico tax free weekend: When it is? What is eligible? - AOL

   www.aol.com/mexico-tax-free-weekend-eligible...

   Tax free weekend in New Mexico is in August and features a variety of school and ... Calculators under $200 are eligible. Clothing or shoes sold for less than $100. ... Las Cruces invited to Stuff ...

3. Taxation in New Mexico - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_New_Mexico

   Corporations that generate income from activities or sources in New Mexico and that are required to file federal income tax returns as corporations must pay corporate income tax to the state. [14] Corporate income is taxed at the rate of 4.8% for the first $500,000, 6.4% for the next $500,000 (up to total income of $1 million), and 7.6% for ...

4. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

   www.aol.com/2024-tax-brackets-income-rates...

   In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

5. New Mexico Taxation and Revenue Department - Wikipedia

   en.wikipedia.org/wiki/New_Mexico_Taxation_and...

   New Mexico Taxation and Revenue Department; Department overview; Type: Taxation & Revenue Services: Jurisdiction: State of New Mexico: Headquarters: 1100 South St. Francis Drive Santa Fe, New Mexico 87504-1028: Employees: 803: Annual budget: US$ 90,078,526.00 [1] Department executive

6. Spike in New Mexico solar tax credits expected. Here's how ...

   www.aol.com/spike-mexico-solar-tax-credits...

   How to apply for solar power tax credits in New Mexico. ... As of Thursday, EMNRD reported $431,631 in tax credits were approved for projects in the 2024 tax year, with credits averaging about ...

7. Gross receipts tax - Wikipedia

   en.wikipedia.org/wiki/Gross_receipts_tax

   New Mexico - The gross receipts tax rate varies throughout the state from 5.125% to 8.6875% with local option taxes imposed at the city and county levels, added to the statewide base tax rate of 5%. [9] Oregon - Oregon levies a Commercial Activity Tax on businesses with more than $1 million of taxable revenue per year. This tax is equal to $250 ...

8. Tax Foundation calls New Mexico tax ranking respectable - AOL

   www.aol.com/tax-foundation-calls-mexico-tax...

   Today property tax rates reflect the reality that in New Mexico many people are land rich and cash poor. Other components in the Tax Foundation’s 2024 State Business Tax Climate Index are mixed.

9. Adjusted gross income - Wikipedia

   en.wikipedia.org/wiki/Adjusted_gross_income

   In the United States income tax system, adjusted gross income (AGI) is an individual's total gross income minus specific deductions. [1] It is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions. For most individual tax purposes, AGI is more relevant than gross income.