Business News

NFIB emphasizes small business tax deduction's impact on New Mexico economy
The National Federation of Independent Business (NFIB), a prominent small business advocacy organization, has released a report emphasizing the significance of the 20% Small Business Tax Deduction for New Mexico.

Q3 2024: New Mexico's combined tax revenues down 11.8% since Q2 2024
New Mexico collected $3.3 billion in total tax revenues during the third quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.