Accounting Today

AUGUST 4, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email Individuals and businesses in New Mexico affected by severe storms, flooding and landslides that began on June 23 now have until next Feb. 2 to file various federal individual and business returns and make tax payments. Quarterly estimated income tax payments normally due on Sept.

New Mexico

Accounting Today

AUGUST 4, 2025

These multi-hustles can range from hobbies like selling baseball cards on up to truly working multiple jobs at once, and its making those individuals financial, accounting and tax situations far more difficult. Traditionally, accounting firms may have offered a personal income tax return option along with a business owners C corp tax returns.

accountant

TaxConnex

AUGUST 15, 2023

Five states follow with 4% rates: Alabama, Georgia, Hawaii, New York and Wyoming. South Dakota cut its state sales tax rate from 4.5% effective July, the most recent statewide rate reduction since New Mexico trimmed its sales tax rate from 5.125% to 5% in July 2022. Tax breaks galore.

Sales

CPA Practice

OCTOBER 18, 2023

Some key factors to evaluate include: Tax rates Tax rates vary widely across states. Some states have higher corporate income tax rates, while others offer lower rates or no tax at all. Property tax rates can vary significantly, impacting the cost of owning or leasing business space.

business tax