State Accepts Reduced Sales Tax Liability in Espanola, NM
State Reduced Sales Tax Liability – 09-17-2007
Taxpayer Situation: The taxpayer had outstanding sales tax liabilities for 2001- 2005 in the amount of $54,569. Taxpayers had made payments to the state but had failed to file sales tax reports.
Resolution Outcome: Legacy Tax & Resolution Services successfully negotiated a New Mexico Taxation and Revenue correction of liability for a client in Espanola NM. Legacy Tax & Resolution Services prepared and filed all sales tax reports for the years 2001- 2005. Since the taxes had already been paid, it reduced the liability to zero. Under an amnesty program, Legacy Tax & Resolution Service abated the failure to file penalties.
Total Savings: $54,569
If you need help negotiating with the IRS or State, don’t hesitate to contact Legacy Tax & Resolution services at (855) 829-5877.