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If you owe taxes, this new NM program could give you time to pay them back

Some businesses will get a fresh start to 2019 when it comes to their taxes.

The state’s taxation and revenue department announced Thursday that small businesses and qualified individual taxpayers will have the chance to get out of penalties and interest on unreported or underreported taxes. For those enrolled in the state’s tax amnesty program by the end of the year, which is the deadline, the department will waive penalties and interest should the taxes be paid within 180 days.

“We’re…

Source: The Business Journal

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