Ruidoso Downs is a city in Lincoln County, New Mexico, United States, located within the Lincoln National Forest. The population was 1,824 at the 2000 census, at which time it was a village; the change was made in May 2002. It is a suburb of Ruidoso and is a part of the Ruidoso Micropolitan Statistical Area. The Ruidoso Downs Race Track, Billy the Kid Casino and the Hubbard Museum of the American West are located in the city. On October 9–11, 2009, the twentieth annual Lincoln Cowboy Symposium was held at Ruidoso Downs. The event celebrated the ranching lifestyle, with demonstrations in horsemanship, shooting, roping, cooking, and blacksmithing. Booths offered western-style arts and crafts. Music and poetry were highlights of the festival, which featured performers Leon Rausch, Tommy Allsup and the Texas Playboys; Mel Tillis and the Statesiders; Larry Gatlin; Billy Mata, and Liz Talley. Gospel artists also performed.

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...