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Made in New Mexico - GRT

A Quick Guide to the New Mexico Gross Receipts Tax

New Mexico is one of the few states that has a gross receipts tax. It functions similarly to other state’s...
Cash Flow

How to Prepare a Cash Flow Statement

Cash flow statements are one of the most important of the four main financial documents. It tracks the movement of...
Payroll Pay Check

Signs It’s Time to Outsource Payroll

Payroll may have seemed straightforward when you first started your business, but if it’s beginning to stress you out or...
Basics of Bookkeeping

Bookkeeping Basics for Small Businesses

Bookkeeping is how you record, organize and track your company’s financial transactions. It is essential for running a healthy and...
Close up of an income statement

How to Prepare an Income Statement

Income statements are one of the four main financial documents. They detail a company’s income and expenses over a specified...
Accountant Added Up Receipts to file NMGRT

Four Easy Steps to Filing New Mexico Gross Receipts Tax

Understanding New Mexico’s GRT, who has to pay, how much to pay and when to pay are vital to doing...
Financial Audit

How to Prepare for a Financial Audit

Audits get a bad rap and while they can be time-consuming, costly and often point out problems or errors, but...
Bookkeeper looking over accounting documents

Why Bookkeeping is Important for Any Size Business

Bookkeeping is a crucial part of managing a business’s finances. It’s done to maintain accurate financial records and provide a...
Welcome to New Mexico Sign

New Mexico Gross Receipts Tax Exemptions & Deductions

New Mexico is one of the few states with a gross receipts tax. It is a tax imposed on the...