ALBUQUERQUE, N.M. — New Mexico’s online portal for paying taxes will be offline for nearly a week starting in late June while the state makes a system change, according to a release from the New Mexico Taxation and Revenue Department.
The department is redesigning the current Combined Reporting System, creating separate forms tailored to specific business tax programs. The state’s Taxpayer Access Point e-filing portal will be unavailable from 5 p.m. June 30 to July 5 while the department switches over to the new system. E-payments will be unavailable during that time as well. Any payments due during that period should be made before June 30, the release said.
Most businesses will also need to begin to use new forms for filing Gross Receipts Taxes, Compensating Tax, Withholding and other business tax programs beginning with reports for the period ending June 30. Those filings are due by July 25.
Taxpayers who file using paper forms will continue to use the current CRS-1 form for the July 25 filing deadline before transitioning to new forms the following month.
Some specialized tax programs — including Governmental GRT, Interstate Telecommunications GRT and Leased Vehicle GRT and Surcharge — will use the new GRT form for the period ending June 30 before transitioning to their own, separate forms the following month, the release said.
More information is available at https://www.tax.newmexico.gov/news-alerts/crs-redesign-project-faqs/. Deputy Cabinet Secretary Emily Oster and Tax Policy Director Mark Chaiken will give a presentation Wednesday on the CRS redesign project and on destination-based sourcing for GRT, which also goes into effect in July. Registration is available at https://register.gotowebinar.com/register/2980868797448648207.