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‡™ ‡š‹ ‘ †‘‡• ‘– ‹’‘•‡ ƒ •ƒŽ‡• –ƒšǤ ‰”‘•• ”‡ ‡‹’–• Accounting and Beyond:
tax is imposed instead. Gross receipts tax is imposed on Expertise for YOUR needs.
’‡”•‘• ‡‰ƒ‰‡† ‹ „—•‹‡•• ‹ ‡™ ‡š‹ ‘ǡ „—– ‹ ƒŽ‘•–
‡˜‡”› ƒ•‡ –Š‡ ‰”‘•• ”‡ ‡‹’–• –ƒš ‹• ’ƒ••‡† ‘ –‘ –Š‡
‘•—‡”Ǥ  –Š‹• ™ƒ›ǡ –Š‡ ‰”‘•• ”‡ ‡‹’–• –ƒš ”‡•‡„Ž‡• ƒ
sales tax.
‰”‘•• ”‡ ‡‹’–• –ƒšǡ •‘‡–‹‡• ”‡ˆ‡””‡† –‘ ƒ• ƒ ‰”‘••
‡š ‹•‡ –ƒšǡ ‹• ƒ –ƒš ‘ –Š‡ –‘–ƒŽ ‰”‘•• ”‡˜‡—‡• ‘ˆ ƒ ‘’ƒ- Over 95 year
combined experience.
Over 95 year
combined experience.
›ǡ ”‡‰ƒ”†Ž‡•• –Š‡ •‘—” ‡Ǥ ‰”‘•• ”‡ ‡‹’–• –ƒš ‹• •‹‹Žƒ” –‘
ƒ •ƒŽ‡• –ƒšǡ „—– ‹• Ž‡˜‹‡† ‘ –Š‡ •‡ŽŽ‡” ‘ˆ ‰‘‘†• ‘” •‡”˜‹ ‡•
”ƒ–Š‡” –Šƒ –Š‡ ‘•—‡”Ǥ Š‹• ‹• ‘’ƒ”‡† –‘ ‘–Š‡” –ƒš‡•
–Šƒ– ƒ”‡ Ž‹•–‡† ƒ• •‡’ƒ”ƒ–‡ Ž‹‡ ‹–‡• ‘ „‹ŽŽ‹‰•ǡ ƒ”‡ ‘–
K
†‹”‡ –Ž› ‹ Ž—†‡† ‹ –Š‡ Ž‹•–‡† ’”‹ ‡ ‘ˆ –Š‡ ‹–‡ǡ ƒ† ƒ”‡ ‘– Karen Urbielewicz, CPAaren Urbielewicz, CPA
ƒ ˆƒ –‘” ‹ ƒ”—’ ‘” ’”‘Ƥ– ‘ ‘’ƒ› •ƒŽ‡•Ǥ ‰”‘•• A
ACCOUNTING CCOUNTING
”‡ ‡‹’–• –ƒš Šƒ• ƒ ’›”ƒ‹† ‡ơ‡ – –Šƒ– ‹ ”‡ƒ•‡• –Š‡ ƒ –—ƒŽ PARTNER
–ƒšƒ„Ž‡ ’‡” ‡–ƒ‰‡ ƒ• ‹– ’ƒ••‡• –Š”‘—‰Š –Š‡ ’”‘†— – ‘”
•‡”˜‹ ‡ Ž‹ˆ‡Ǧ › Ž‡Ǥ
‡‡”ƒŽŽ› •’‡ƒ‹‰ǡ •ƒŽ‡• ƒ† Ž‡ƒ•‡• ‘ˆ ‰‘‘†• ƒ† ‘–Š‡”
’”‘’‡”–›ǡ „‘–Š –ƒ‰‹„Ž‡ ƒ† ‹–ƒ‰‹„Ž‡ǡ ƒ”‡ –ƒšƒ„Ž‡Ǥ ƒ‰ƒ-
œ‹‡• ƒ† ‘˜‡”Ǧ–Š‡Ǧ ‘—–‡” †”—‰• ƒ”‡ –ƒšƒ„Ž‡ǡ ™Š‹Ž‡ ’”‡• ”‹’-
–‹‘ †”—‰• ƒ”‡ ‘–Ǥ Ž‹‡ ƒ› ‘–Š‡” •–ƒ–‡•ǡ •ƒŽ‡• ƒ†
’‡”ˆ‘”ƒ ‡• ‘ˆ •‡”˜‹ ‡• ƒ”‡ –ƒšƒ„Ž‡ ‹ ‡™ ‡š‹ ‘Ǥ
Linda Murphree, CPA
What is the gross receipts tax rate FIDUCIARY
and h PARTNER
and how is it determined?
and how is it determined?ow is it determined?
Š
Š‡ ‰”‘•• ”‡ ‡‹’–• –ƒš ”ƒ–‡ ˜ƒ”‹‡• –Š”‘—‰Š‘—– –Š‡ ‡ ‰”‘•• ”‡ ‡‹’–• –ƒš ”ƒ–‡ ˜ƒ”‹‡• –Š”‘—‰Š‘—– –Š‡ ‡ ‰”‘•• ”‡ ‡‹’–• –ƒš ”ƒ–‡ ˜ƒ”‹‡• –Š”‘—‰Š‘—– –Š‡
Š
•–ƒ–‡ ˆ”‘ ͙Ǥ͕͖͙ ’‡” ‡
•–ƒ–‡ ˆ”‘ ͙Ǥ͕͖͙ ’‡” ‡– –‘ ͛Ǥ͙͛͜͜ ’‡” ‡–Ǥ Š‡ –‘–ƒŽ – –‘ ͛Ǥ͙͛͜͜ ’‡” ‡–Ǥ Š‡ –‘–ƒŽ – –‘ ͛Ǥ͙͛͜͜ ’‡” ‡–Ǥ Š‡ –‘–ƒŽ
•–ƒ–‡ ˆ”‘ ͙Ǥ͕͖͙ ’‡” ‡
”ƒ–‡ ‹• –Š‡ ‘„‹
”ƒ–‡ ‹• –Š‡ ‘„‹ƒ–‹‘ ‘ˆ ”ƒ–‡• ‹’‘•‡† „›ǣƒ–‹‘ ‘ˆ ”ƒ–‡• ‹’‘•‡† „›ǣƒ–‹‘ ‘ˆ ”ƒ–‡• ‹’‘•‡† „›ǣ
”ƒ–‡ ‹• –Š‡ ‘„‹
1. Th
1. The statee state
1. The state
͖Ǥ Š Karen J. Delle Site, CPA
͖Ǥ Š
͖Ǥ Š‡ ‘—–‹‡•‡ ‘—–‹‡•‡ ‘—–‹‡•
͗Ǥ Š TAX
͗Ǥ Š‡ —‹ ‹’ƒŽ‹–‹‡•‡ —‹ ‹’ƒŽ‹–‹‡•
͗Ǥ Š‡ —‹ ‹’ƒŽ‹–‹‡•
PARTNER
The total
The total gross receipts tax is paid to the state. The gross receipts tax is paid to the state. The
The total gross receipts tax is paid to the state. The
•–ƒ–‡ ‡‡’• ‹• ’‘”–‹‘ ƒ† †‹•–”‹„—–‡• –Š‡ ‘—–‹‡•ǯ ƒ†
•–ƒ–‡
•–ƒ–‡ ‡‡’• ‹• ’‘”–‹‘ ƒ† †‹•–”‹„—–‡• –Š‡ ‘—–‹‡•ǯ ƒ† ‡‡’• ‹• ’‘”–‹‘ ƒ† †‹•–”‹„—–‡• –Š‡ ‘—–‹‡•ǯ ƒ†
—‹ ‹’ƒŽ‹–‹‡•ǯ ’‘”–‹‘• –‘ –Š‡Ǥ Š‡ •–ƒ–‡ǯ• ’‘”–‹‘ ‘ˆ
—‹ ‹’ƒŽ‹–‹‡•ǯ ’‘”–‹‘• –‘ –Š‡Ǥ Š‡ •–ƒ–‡ǯ• ’‘”–‹‘ ‘ˆ
–Š‡ ‰”‘•• ”‡ ‡‹’–• –ƒšǡ ™Š‹ Š ‹• ƒŽ•‘ –Š‡ Žƒ”‰‡•– ’‘”–‹‘ǡ Bookkeeping and Payroll Service
–Š‡ ‰”‘•• ”‡ ‡‹’–• –ƒšǡ ™Š‹ Š ‹• ƒŽ•‘ –Š‡ Žƒ”‰‡•– ’‘”–‹‘ǡ
is determined by state law.
is determined by state law. Small Busines
Consulting
Eldercare Financial Service
Š‡ ‘—–‹‡•Ǯ ’‘”–‹‘• ‘ˆ ‰”‘•• ”‡ ‡‹’–• –ƒš ƒ”‡ †‡–‡”
Š‡ ‘—–‹‡•Ǯ ’‘”–‹‘• ‘ˆ ‰”‘•• ”‡ ‡‹’–• –ƒš ƒ”‡ †‡–‡”-
‹‡† „› –Š‡ ‘—–› ‘‹••‹‘•ǡ ™Š‹ Š ƒ ‹’‘•‡ Fiduciary and Tustee Service
—’ –‘ ͘Ǥ͕͖͙͗ ’‡” ‡–Ǥ —‹ ‹’ƒŽ ‘— ‹Ž• †‡–‡”‹‡ Tax Planning and Peparation
–Š‡ —‹ ‹’ƒŽ‹–‹‡•ǯ ’‘”–‹‘• ‘ˆ ‰”‘•• ”‡ ‡‹’–• –ƒšǤ Š‡ 2469 Corrales Road, Suite A-5
”ƒ–‡• ƒ „‡ ƒ• — Š ƒ• ͘Ǥ͔͚͖͙ ’‡” ‡–Ǥ
Corrales, NM 87048 corralescpas.comorrales, NM 87048 corralescpas.com
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Sandoval County Connection 61