The U.S. labor market woke up from a weeklong nightmare to a real-life horror story. In the last two weeks of March, nearly 10 million Americans filed for unemployment, about…
Taxpayers and tax practitioners should be especially alert to phishing and other scam activity related to tax extensions and federal stimulus payments.The deadline for filing New Mexico and federal income…
The record-breaking $2.2 trillion federal relief package known as the CARES act was passed by congress last week and is aimed squarely at helping businesses that that are struggling to…
Due to the current COVID-19 crisis, Unemployment Insurance (UI) has become a significant concern for all businesses being affected by the crisis. NMBC has been on the news at 6…
For the week of March 9th New Mexico Workforce Solutions saw less than 800 claims for unemployment benefits. The week following recorded over 11,000 new applications. The cause for such a…
On Monday afternoon Governor Michelle Lujan Grisham ordered a statewide "stay at home" order for all non-essential employees. Hospitals and health clinics, grocery stores, pharmacies, childcare centers and farms are…
Governor Michelle Lujan Grisham announced on Tuesday that the state of New Mexico has qualified for the Small Business Administration (SBA) Disaster Loan Assistance program to assist businesses negatively impacted…
New Mexico Business Coalition Calls on Governor to Protect Employers From a Tax Increase Caused by COVID-19 New Mexico (March 17, 2020) — New Mexico Business Coalition (NMBC) today announced…
The COVID-19 pandemic has affected nearly every industry and presented unique challenges for each business. To that end, New Mexico Business Coalition is committed to helping New Mexico businesses persevere…
Due to the reality of a stark economic slowdown and oil prices crashing amid a price war in the middle east, the governor has vetoed a spending bill intended to…