Take a breath, you have extra time to file your NM and federal tax returns

New Mexico business leaders have a lot of things to worry about as the impact of the COVID-19 virus ripples through the state economy.

But Friday morning, they learned they don’t have to worry about filing their state income and payroll taxes by April 15.

New Mexicans will get an extra 90 days to file and pay their personal income taxes in recognition of the economic hardships many people are facing, state officials announced Friday morning. Taxpayers will have until July 15 to file and pay any…

Source: The Business Journal