Blog Category:
Small Business Accounting
What Do I Need to Do to Start a Business in New Mexico?
The Quick Answer Starting a business in New Mexico isn't terribly complicated, but there are several registrations you want to...
New Mexico Gross Receipts vs. New Mexico Gross Receipts Tax: What’s the Difference?
Short Answer Gross Receipts are the total dollars your business receives from selling products or services. New Mexico Gross Receipts...
Do Contractors Have to Charge New Mexico Gross Receipts Tax?
Short Answer In most cases, yes. If you're an independent contractor working in New Mexico—whether you're a painter, plumber, electrician,...
Should My New Mexico LLC Be Taxed as an S Corporation?
Short Answer Maybe—but not every LLC should elect S Corporation status. For many profitable small businesses, an S Corporation election...
CPA vs. Bookkeeper Pricing: What Does My New Mexico Business Really Need?
When you're a business owner, you probably use the word accountant to describe anyone who helps with your finances. Whether...
How Much Should Small Business Bookkeeping and Accounting Cost in New Mexico?
For many business owners, bookkeeping and accounting are necessary but often confusing expenses. If you've ever searched online for pricing,...
LLCs & S Corps: A Tax Saving Strategy for Contract Workers
An LLC is a business structure that provides legal protection against personal liability. It separates personal assets from business debts,...
