RIO 2025 Gross Receipts Tax Basics

Get the lowdown on New Mexico's Gross Receipts Tax in this friendly, no-jargon workshop designed just for small business owners.

FEE $10

In “Gross Receipts Tax Basics,” you’ll learn what GRT really is, why it matters for your bottom line, and exactly how to keep your business compliant- without feeling like you need an accounting degree. Join us in person at the Rio Rancho Regional Chamber of Commerce to get hands-on advice and practical tools you can start using right away.

In this session, we’ll cover:

• Who’s on the hook: Identifying which businesses and transactions are subject to GRT
• How it all works: Calculating, collecting, and remitting the correct amount
• Software shortcuts: Top tools and apps to track your receipts, automate filings, and avoid costly mistakes
• Filing essentials: Key deadlines, common pitfalls, and best practices for staying in good standing

Whether you’re just launching or looking to tidy up your tax process, this class will give you the confidence and clarity you need to tackle Gross Receipts Tax head-on.

Reasonable accommodations for persons with disabilities and language assistance services are available for limited English proficient individuals. Please notify Sara Osusky at 505-892-1238 when you register for the class, or no later than 24 hours prior to your class, so that WESST can make sure necessary accommodations are available. All programs and services are provided to the public on a nondiscriminatory basis.

The Women's Business Center is funded in part by the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.