Flood-affected businesses in Lincoln and Doña Ana Counties have until October 27, 2025, to file July 25 and August 25 tax returns without penalty. Late filing/payment penalties are waived, though interest still applies. Taxpayers must notify TRD by email or mail with documentation. Details: Bulletin 100.47 and Form RPD-41096 at tax.newmexico.gov.

The statewide portion of the Gross Receipts Tax (GRT), the taxes that businesses pay on the goods they sell, dropped to 4.875% effective July 1, 2023, resulting in changes to the overall rates across New Mexico. The rate drop is the result of legislation enacted in 2022 to benefit businesses and shoppers across New Mexico.

The New Mexico Tourism Department (NMTD) has awarded $45,435 to the Village of Ruidoso through the New Mexico Clean and Beautiful Grant Program for fiscal year 2023. Through this program, Ruidoso will use the funds to enhance public spaces and support local wildlife and ecosystems, among other projects.