Employer Payroll Software Support for the NM CRS Tax

Tax season is a universally experienced and largely despised process, especially for residents of New Mexico. If you’re looking for NM CRS tax support, you’re not alone. The CRS, the Combined Report Short form, helps businesses document their applicable tax obligations. The could mean any money received from activities falling under the Gross Receipts Overview, including selling property in New Mexico, performing services in-state, and leasing or licensing property employed in New Mexico.

Essentially, most, if not all, New Mexico businesses must encounter the NM CRS Tax. This tax rate varies throughout the state and is often dependent on the location of the business. This variation exists because the total rate may combine rates imposed by the state, county, and—in some cases—municipalities wherein the business is located. Moreover, the tax rate may change twice per year—once in January or in July. It is imperative to check the CRS-1 Filer’s Kit before filing your taxes.

If this sounds like a lot of work, you’re right—it is. However, support and aid is within reach. Advanced Micro Solution products can help with the annual withholding portion of the NM CRS Tax documentation—form 41072, or the Annual Summary of Withholding Tax for CRS-1 Filers. Support for this particular form will significantly improve and streamline your NM CRS Tax reporting process.

If you want a simpler, more efficient accounting system, AMS has the product you need.

Get the New Mexico Tax Assistance You Need

In addition to providing support for the NM CRS Tax, Advanced Micro Solutions offers support for a wide range of state and federal tax forms. Including this combination of services allows for a wholly customizable experience; the state-specific inclusions mean that our software operates just as well for residents of New Mexico as it might for businesses in North Dakota.

While our full list of available state-specific forms is available here, you can see the breakdown for our New Mexico forms below. These are hosted on two of our most popular products—AMS Payroll Software , which is a comprehensive payroll software, and our Forms Filer Plus , which is an extensive modular forms filer add-on.

Included in both AMS Payroll and our Forms Filer Plus—

  • ES-903-A1; Quarterly Wage and Contribution Report

Included only on our Forms Filer Plus—

  • RFD-41072; Annual Summary of Withholding Tax for CRS-1 Filers
  • ES-903-A1; Supplemental

All of our modular products are built on our foundational Forms Filer platform:

Total Personalization is Within Reach

AMS operates on a modular system, meaning customers can build the software perfect for their businesses. Our only required platform is this W-2/1099 Filer, which includes support for several necessary federal forms. From here, customers can pick and choose the products they want. If you want a streamlined payroll software, AMS Payroll is the perfect choice. If you would like NM CRS tax support, our Forms Filer Plus is your best option. See below for our full range of products:

  • 1099 & W2 Software
  • Payroll Software
  • Software-Generated Forms
  • E-File Direct
  • Affordable Care Act Filer
  • Forms Filer Plus

If you have questions about any of our accounting software, we encourage you to call our Sales and Information team (800-536-1099), try our free demo, or consult our testimonials page.

Software Solutions from AMS

Our W-2 and 1099 Forms Filer is our only required platform. From there, users pick the services they need. Choose from the tools below to build out your customized accounting software.