New Mexico extends modified compliance enforcement due to COVID-19
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Thursday, June 11, 2020

New Mexico extends modified compliance enforcement due to COVID-19

By Payroll and Entitlements Editorial Staff

The New Mexico Taxation and Revenue Department has announced it will extend some modifications to state tax collection efforts that were enacted as a result of the COVID-19 public health emergency.

The most severe collection activities, including new liens, seizures and injunctions, are now on hold through June 30.

Taxpayers on payment plans will be offered an additional deadline extension of 30 days, for a total of 90 days, and taxpayers will be encouraged to make good faith payments to prevent defaults.

Taxpayers undergoing field or desk audits will be offered the opportunity to request an extension or a waiver, giving them more time to produce records.

Other modifications that were previously announced are unchanged, including:

  • the suspension of automatic garnishment of state tax refunds for payment of federal tax debts;
  • the devotion of additional resources to quickly clear identity verification questions on income tax refunds;
  • prioritizing review and approval of refund requests, business credits and abatements of taxes due;
  • offering managed audits for potentially noncompliant taxpayers; and

assigning additional staff to help resolve tax protests. (New Mexico Taxation and Revenue Department, Press Release May 29, 2020.)

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