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Business Entertainment and the TCJA

Congress recently passed the Tax Cuts and Jobs Act (TCJA). Most people know that the TCJA was the biggest tax overhaul in about 40 years. Some provisions of the TCJA were very favorable to businesses and others were not. For small business owners, it is important to understand how the TCJA affects you and your […]

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Did You Know the NM GRT Rate Has Changed as of July 1, 2015?

Know Your Gross (Receipts Tax)! Do you know what your Gross Receipts Tax (GRT) is? As a business owner, this little morsel of information is pretty important — especially because you are responsible for knowing this rate and responding accordingly. First off, what is a GRT? Well for the state of New Mexico, the NM […]

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