Are you ready for Small Business Saturday Nov. 24? It’s the annual opportunity to celebrate the small businesses in Los Alamos.
Gov. Susana Martinez just announced the first ever Small Business Saturday tax holiday. Businesses with 10 employees or less, and franchises, can sell goods without charging Gross Receipts Tax. She signed the tax holiday into law in March.
“I’m proud to announce the first-ever tax-free Small Business Saturday, in New Mexico,” Martinez said. “Get out and support your local small businesses and use this opportunity to save a few bucks when money is tight around the holidays.”
The tax-free day covers sporting goods, clothing, artwork, musical instruments, furniture and more – as long as the cost does not exceed $500.
To find out more about the Small Business Saturday tax holiday, visit: http://tax.newmexico.gov/small-business-saturday.aspx.