Truth or Consequences is a spa city in and the county seat of Sierra County, New Mexico, United States. As of the 2000 census, the population was 7,289. It is commonly known within New Mexico as T or C. Originally named Hot Springs, the city changed its name to Truth or Consequences, the title of a popular NBC radio program. In 1950, Ralph Edwards, the host of the radio quiz show Truth or Consequences announced that he would air the program from the first town that renamed itself after the show. Hot Springs, NM won the honor. Ralph Edwards came to the town during the first weekend of May for the next fifty years. This event was called "Fiesta" and included a beauty contest, a parade, and a stage show. The city still celebrates Fiesta each year on the first weekend of May. The parade generally features area celebrities such as the Hatch Chile Queen. Fiesta also features a dance in Ralph Edwards Park.

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...