Alto is an unincorporated community in Lincoln County, New Mexico, United States. It is located in the Lincoln National Forest, five miles (8 km) north of the village of Ruidoso, New Mexico. Alto is located at 7,300 feet (2,200 m). The community is most noted as being a thriving artist community and is home to the Spencer Theater for the Performing Arts. Alto received its name from the Spanish word "high," due to its elevation. Alto Lakes (elevation 7,550 feet) is a planned, residential and recreational community covering 1689+ acres along two mountain ridges in Alto. Alto Lakes was conceived and developed by Don Blaugrund beginning in 1967. The heart of the community is the Alto Lakes Golf & Country Club which includes a private 18 hole golf course, dining, swimming and tennis facilities. Membership in the Club is included with ownership of a home, town home, or lot within the community. The residential area of the community includes 1,150+ homes, 83 town homes, and approximately 1,000 vacant lots. Alto Lakes is governed by the Alto Lakes Water & Sanitation District and by the Alto Lakes Special Zoning District as well as community covenants.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in New Mexico

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...