1. New Mexico-specific invoice requirements
- Sales tax line: 4.88% state rate. Services billed to NM customers must include sales tax. GRT (gross receipts tax) 4.875% applies broadly including services.
- Late-fee cap: New Mexico statute N.M. Stat. Β§56-8-3 caps interest on unpaid invoices at 1.5% per month. Spell out the rate in writing on every invoice and in your contract β courts won't enforce undisclosed fees.
- Right-to-cancel notice: Customers in New Mexico get 72-hour cancellation rights on certain home-services contracts. Disclose this in your terms.
2. CPA / Accountant line items + standard terms
Every cpa / accountant invoice in New Mexico should itemize work clearly. Standard cpa / accountants use Net 30 terms with a 50% deposit required upfront.
- Tax return β individual β billed by flat.
- Tax return β business β billed by flat.
- Bookkeeping monthly β billed by flat.
- Hourly advisory β billed by hour (~$235 default).
3. CPA / Accountant licensing in New Mexico
CPA license required for attest services and the CPA designation. EAs licensed federally to represent before IRS.
4. Send and follow up
Send the invoice the same day work completes. Use software that records open events and offers a one-click online payment so you don't need to chase a check by mail. New Mexico customers expect digital payment options today β accepting card and ACH typically reduces days-to-paid by 30β50%.
New Mexico metro guides
Metro-specific guides include the combined sales-tax rate and local pricing benchmarks.