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June 24, 2020

New Mexico tax department announces self-serve payment plan option for taxpayers with outstanding debts due to COVID-19

The New Mexico Taxation and Revenue Department recently announced that taxpayers with outstanding debts can create and enter into a payment plan through a self-serve option. The new program is available for all tax programs administered by the Department, including withholding tax.

The self-service option allows taxpayers to create a custom payment plan for tax, penalty and interest. Taxpayers can choose the size of their down payment and the duration of the plan up to 72 months. Plans longer than 12 months require that a lien be put in place. Eligible participants will be accepted automatically; others will be contacted by a TRD employee to complete the process.

More information is available on the Department's website, through the New Mexico Taxpayer Access Point (TAP). Taxpayers will see the self-serve option once they've logged into their accounts.

The Department also announced it will extend some modifications to collection efforts that were enacted to ease the burden on taxpayers facing financial difficulty as a result of the COVID-19 public health emergency.

Employer withholding return deadlines for March-June extended to July 25, 2020

As we previously reported, the Department announced that withholding taxes normally due on the 25th of March, April, May and June 2020 are due on July 25, 2020. The extension is intended to ease the cash flow problems many businesses face due to COVID-19 closures or reduced customer traffic and may prevent some businesses from laying off employees.(EY Payroll Newsflash Vol. 21, #094, 3-24-2020.)

The state will waive any penalties for withholding taxes not remitted during the grace period. However, under state law, and as reported by the Department, interest will accrue from the original due date for withholding tax filers.


Contact Information
For additional information concerning this Alert, please contact:
Workforce Tax Services - Employment Tax Advisory Services
   • Kenneth Hausser (
   • Debera Salam (
   • Kristie Lowery (
   • Peter Berard (


EY Payroll News Flash