New Mexico § 45-5B-216 - Taxes
Full text of New Mexico New Mexico Statutes Annotated § 45-5B-216 — Taxes, with citation guidance and answers to common questions.
§ 45-5B-216. Taxes
Unless the power of attorney otherwise provides, language in a power of attorney granting
general authority with respect to taxes authorizes the agent to: A. prepare, sign and file federal, state, local and foreign income, gift, payroll,
property, Federal Insurance Contributions Act and other tax returns, claims for refunds,
requests for extension of time, petitions regarding tax matters and any other tax-related
documents, including receipts, offers, waivers, consents, including consents and agreements
under Section 2032A of the Internal Revenue Code of 1986 , as amended, closing agreements and any power of attorney required by the internal
revenue service or other taxing authority with respect to a tax year upon which the
statute of limitations has not run and the following twenty-five tax years; B. pay taxes due, collect refunds, post bonds, receive confidential information and
contest deficiencies determined by the internal revenue service or other taxing authority; C. exercise any election available to the principal under federal, state, local or
foreign tax law; and D. act for the principal in all tax matters for all periods before the internal revenue
service or other taxing authority.
Frequently Asked Questions About New Mexico § 45-5B-216
What does New Mexico Statutes Annotated § 45-5B-216 cover?
Section 45-5B-216 ("Taxes") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 45-5B-216?
A common citation format is "New Mexico Statutes Annotated § 45-5B-216" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 45-5B-216 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.