Lincoln is an unincorporated community in Lincoln County, New Mexico, United States, located approximately 57 miles (92 km) west of Roswell (by road) and just south of the Lincoln National Forest. The town had a population of about 800 in 1888, and Main Street has been beautifully preserved by current residents. The community lies on U.S. Route 380. Originally called Las Placitas del Rio Bonito by the Spanish families who settled it in the 1850s, the name of the community was changed to Lincoln when Lincoln County was created in 1869. Lincoln was at the center of the Lincoln County War, 1876-1879, and is the historical home of Billy the Kid. The village holds an annual festival in August featuring an open-air enactment of The Last Escape of Billy the Kid.

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...