Las Cruces, Mesilla businesses plan Small Business Saturday events

LAS CRUCES – Shoppers, pace yourselves this week to leave plenty of time to visit Las Cruces-area shops amid the 12th annual Small Business Saturday.

The tax holiday officially begins after midnight on Saturday, Nov. 27 and lasts 24 hours. According to the state’s Taxation and Revenue Department, businesses that are New Mexico-based and claim 10 or fewer employees can deduct gross receipts tax on sales for certain items that cost no more than $500. This includes clothing, accessories, cosmetics, books, artwork, sporting goods and more.

According to information from the U.S. Small Business Administration, spending by consumers at small businesses across the country during the 2020 tax holiday reportedly reached an estimated $19.8 billion.

More:Here are 25 businesses in Las Cruces offering Black Friday deals


https://www.lcsun-news.com/story/money/business/2021/11/23/las-cruces-mesilla-businesses-preparing-small-business-saturday-deals-discounts-tax-holiday-grt-nm/8727596002/