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PIT 1 NEW MEXICO PERSONAL INCOME TAX RETURN Form

PIT 1 NEW MEXICO PERSONAL INCOME TAX RETURN Form

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hi everyone I'm Monty the CEO and founder of valer if you earn an income in New Mexico you know you'll lose income taxes to Federal and New Mexico state taxes but how much it's important to understand your State's income taxes and how they will impact your financial future not least because that knowledge will Empower you to take action to reduce your tax bill today in this video we'll explain what the income tax is and how it is taxed in New Mexico we'll also show you different tax planning strategies that can significantly reduce your federal and state income taxes ranging from taking advantage of renewable energy incentives tax advantaged accounts leverage charitable structures and private placement life insurances so let's get started what is the income tax income taxes are taxes imposed on individuals or entities that earn ordinary income ordinary income refers to the income that you earn from your usual sources like a payche

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