New Mexico Los Alamos County and Santa Fe County Property Tax Rebate

Additional Low Income Property Tax Rebate for Los Alamos and Santa Fe County Residents Only This low income property tax rebate is for property tax paid during tax year 2021 on your principal place of residence (defined later in this section) in Los Alamos or Santa Fe County. This property tax rebate may not exceed $350 or, for a married taxpayer filing a separate return, $175. IMPORTANT: No [...]

New Mexico Film Production Tax Credit

New film production tax credit For film production companies that commence principal photography prior to January 1, 2016, and on or after July 1, 2019, a credit for 25% of direct production and direct post production expenditures made in New Mexico that are subject to taxation by the state of New Mexico and directly attributable to the production of a film or commercial audiovisual product is [...]

Can I Subtract my Colorado Source Capital Gains?

Colorado Capital Gain Subtraction You might be eligible to subtract some or all of the capital gain included in your federal taxable income, if the gain is derived from the sale of tangible personal property or from the sale of real property located in Colorado. The amount of this subtraction is limited to $100,000. We recommend that you read publication FYI Income 15 if this applies to [...]

Colorado Investment Credit For Employers Who Provide Child Care Facilities For Employees

Investment Credit For Employers Who Provide Child Care Facilities For EmployeesEmployers who provide child care facilities for the benefit of their employees can claim an investment tax credit. The tax credit is equal to 10 percent of the employer's investment during the tax year in qualified tangible personal property to be used in the operation of the child care facility. The facility must be [...]

Colorado Enterprise Zone New Business Facility Employee Credits

The Enterprise Zone New Business Facility Employee Credits are: The new business facility employee credit. The new business facility agricultural processing employee credit. The employer-sponsored health insurance credit. The New Business Facility Employee Credit Any taxpayer who establishes a new business facility in an enterprise zone can claim an income tax credit of $500 for each new [...]