We Make it Simple
With over 20 years of experience in small business tax preparation, payroll, and compliance services, Mike Morones & Associates, LLC, based in Silver City, NM, proudly serves clients across Southwest NM and the U.S. We provide a wide range of resources, including important forms, return tracking information, and financial calculators, tailored to best assist our valued clients in achieving their financial goals.
Important Forms
Ensuring compliance is key in your business journey. Below we’ve provided the required forms for your new employees to complete.
W-4
I-9
1-Payrite New ACH authorization
W-9
NM Tax Authorization Form
NM Business Tax Registration Update Form
Client Information Sheet
Tax Due Dates & Tracking
Tax Calculators
Explore our interactive financial problem solvers for a personalized experience like no other. Just input your criteria, and watch as your questions come to life with dynamic graphs and customized reports.
Frequently Asked Questions
How can I set up payroll for a small business in New Mexico?
We’ll help register your business with federal/state tax agencies, onboard employees with W‑4/I‑9, set up quarterly filings, direct deposit, accruals, and manage new-hire reporting — all through our Payrite system.
How should I structure my startup—LLC vs. S‑Corp, for tax efficiency?
At our firm, we tailor entity structuring advice (LLC, S‑Corp, C‑Corp) based on your revenue, projected income, owner involvement, and state requirements—ensuring optimal tax liability.
I received an IRS audit letter—what next?
Bring it to us. We review the notice, gather documents, prepare your response, represent you during the audit, and provide full support through resolution.
How do I track key tax filing due dates for my New Mexico business?
We provide a detailed tax calendar via our portal—covering monthly, quarterly, and annual deadlines for payroll, 1099/W‑2 filings, corporate and state taxes—plus automated reminders.
Can you file taxes electronically (e‑file) for my small business and payroll?
Yes—all business, payroll, and personal-income tax returns are filed electronically through IRS and state channels thanks to our secure e‑filing systems.
What deductions are available for Silver City home-based businesses?
We identify eligible deductions like home office, utilities, mileage on US‑180, depreciation, health insurance premiums, and retirement plan contributions, customized for New Mexico tax laws.
Can you help manage payroll and taxes for seasonal workers?
Yes—we handle variable payroll, track sick/vacation days, generate W‑2/W‑3/1099s, and file timely state and federal forms—even for seasonal, part-time, or art-festival staff.
Can you help with estate and trust tax returns for my family in Grant County?
Absolutely—we prepare fiduciary returns (Form 1041), handle distributions, compute estate taxes, and perform year-end planning to preserve assets and minimize tax burden.
Do you serve nonprofit organizations in Silver City?
Yes—we assist nonprofits with audit/review/compilation services, IRS/state filings, maintaining 501(c)(3) status, preparing Form 990s, and ensuring compliance with grant and donor reporting.