Yesterday the New Mexico Senate passed SB 1 Restaurant Gross Receipt Tax Deduction with a resounding 42-0 vote. Senate Bill 1 is the first meaningful piece of Legislation to com…
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in…
The Small Business Administration (SBA), in conjunction with the Treasury Department, has released updated guidance on the Paycheck Protection Program (PPP), including several interim final rules related to PPP and…
In a paradoxical update from the Governor yesterday afternoon, New Mexico received both good and bad Covid-19 news. The Good: New Mexico's 'two week reset' lockdown was successful at driving down…
The New Mexico state legislature approved $100 Million in CARES Act grants for small businesses in New Mexico with priority given to the hospitality and leisure businesses. These small business…
In Monday's afternoon press briefing from the Governor New Mexicans received some clarity on the new system the state will be using to control the spread of the virus while…
Governor Michelle Lujan Grisham signed a $330 million relief bill on Wednesday that will provide $100 million in aid for New Mexico businesses who desperately need it. Millions of dollars…
In a speedy, single-day special session of the state legislature yesterday, New Mexico lawmakers approving a $330 million package intended to provide financial relief to workers and businesses harmed by the…
Since the outbreak of Covid-19 in NM, small and locally owned business across the state have been forced to close up shop, layoff employees, and pass along their potential profits to large…
In the middle of a shutdown, CABQ Councilors are trying to add more mandates to businesses on their last leg As the rest of the city state deals with yet…