Press release: Roch bill gives tax break to retired military

Military retirees in living in New Mexico may see their state income tax burden reduced under a bill introduced this week in the State House by Representative Dennis Roch (R-Texico). House Bill 162 proposes to exempt twenty-five percent of a retiree’s military pension income from the state’s personal income tax, with that percentage increasing to […]

Press release: $46 million for low income communities

WASHINGTON – U.S. Senator Tom Udall (D-NM) today announced that Finance New Mexico will receive $46 million to support job creation and investments from the private-sector in economically distressed communities across the state. The $46 million comes through the New Markets Tax Credit (NMTC) program under the U.S. Department of the Treasury’s Community Development Financial […]

Free income tax preparation offered for low income, elderly, disabled persons

The Eastern Plains Community Action Agency, located at 210 W. Center St., is offering free income tax preparation for low income, elderly and disabled persons. The free service will start Jan. 18 and end April 18, and will be available Monday through Wednesday each week from 9 a.m. to 3 p.m. For more information, please […]

Tax help still available

Bt Thomas Garcia: QC Sun writer With the April 15 tax deadline fast approaching, area residents can still take advantage of free tax help from Internal Revenue Service trained volunteers. There are three sites in Tucumcari offering Volunteer Income Tax Assistance (VITA), helping residents file their federal and state income tax returns. The sites are […]

Be prepared for the drug benefit deadline

By Pete Domenici: Guest Columnist The May 15 deadline for signing up for Medicare prescription drug benefits is quickly approaching and there are still thousands of New Mexicans, particularly low-income residents, who have not signed up.  Because we built in extra compensations to help poor seniors, I strongly encourage them to act now to sign […]

2/1 Notable notes

Tax help available Low-income people can get TAXHELP now through April 17 from a program offered by Eastern Plains Community Action Agency, according to a release from the organization. TAXHELP is available from 10 a.m. to noon and from 1 p.m. to 3 p.m. Mondays, Tuesdays and Wednesdays, the release said, asking people bring their […]

Tax Help New Mexico comes to Mesalands

QCS STAFF Taxes may not have to be stressful this year. Senior citizens, students, and anyone with an income less than $35,000 per year can benefit from a free service provided at Mesalands Community College in conjunction with Tax Help New Mexico, a part of the Internal Revenue Service’s (IRS) Volunteer Income Tax Assistance Initiative, […]

My war with income tax

TV Hagenah Well, Income tax day has come and gone and once again my wife has sworn not to let me near our income tax forms next year. In the past the members of the Internal Revenue Service have requested much the same. Back in the 1990s they suggested that their computers were not up […]