- Associated Press - Monday, August 17, 2015

ALBUQUERQUE, N.M. (AP) - New Mexico has been ramping up its efforts to collect delinquent gross receipts taxes from self-employed workers, contractors and business owners.

The Albuquerque Journal reports (https://bit.ly/1hEuXqC) that the number of letters alerting taxpayers of a possible discrepancy in taxes paid has grown from 666 in the 2011 fiscal year to 17,930 in the budget year that ended in June.

The New Mexico Taxation and Revenue Department says it can better identify taxable income by using computer tracking programs to compare different sources of tax data.

Not all such letters have led to enhanced tax collections.

The amount of money identified in the collection effort also has increased from about $9.5 million in the 2011 budget year to roughly $35.1 million in the just-completed fiscal year.


Information from: Albuquerque Journal, https://www.abqjournal.com

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