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Tag Archives: New Mexico Gross Receipts Tax

Gross Receipts Tax Problems Solved

Posted on March 7, 2022 by Admin

The New Mexico Tax & Revenue Department aims to help businesses understand gross receipts taxes and comply with destination sourced reporting that was introduced in 2019 and 2020.

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Small Business Loan is Most Recent Help for Gallup Family Business

Robert Slover leaned on the WESST Farmington Women’s Business Center for extensive one-on-one consultation sessions in the early days of his cell phone repair business. Cell Phone Doctor sells new and factory-refurbished phones, including iPhone, Samsung, LG, Motorola, and Android, and it services all brands of cell phones and tablets. The business also sells PlayStation and Xbox gaming systems and can network unlock phones. When the Gallup business was ready to expand, Stover turned to WESST again, this time for a small business loan.

Slover’s relationship with WESST initially focused on cash flow and financial planning. Soon after, Slover worked with consultant and trainer Holly Patterson to understand how to use digital marketing tools to improve his social media postings. Help with marketing strategies aimed at growing his target markets was next.

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