New Mexico Tax Refunds Delayed Due To Fraud
Be prepared to wait a few extra weeks to receive your New Mexico tax refund this year, as the state is taking extra precautions to protect taxpayers from fraud. The Taxation & Revenue Cabinet Secretary, Demesia Padilla, told lawmakers that the state taxation and revenue information has not been compromised. However, there have been several reports from the federal Internal Revenue Service and private companies in which W-2 wage and personal identification information might have been stolen. This information can then be used to file a fraudulent income tax return. Due to the added security measures, taxpayers can expect to wait six to eight weeks to receive their refund, instead of the usual two weeks.