A new regulation, effective June 30, 2010, has been adopted by the New Mexico Department of Revenue that establishes mandatory electronic filing requirements for gross receipts, withholding, and weight distance taxes. For returns due after August 1, 2010, the returns and reports for the following taxes must be filed electronically using approved electronic media: gross receipts and compensating taxes, local option gross receipts taxes, leased vehicle gross receipts taxes, telecommunications gross receipts taxes and withholding taxes that are due at the same time as gross receipts tax, if the taxpayer’s average monthly tax payment for this group of taxes during the preceding calendar year equaled or exceeded $20,000. Weight distance taxes must be filed electronically if the taxpayer must pay taxes for two or more trucks. For returns due after January 1, 2011, taxes must be filed electronically for if the taxpayer’s average monthly tax payment for this group of taxes during the preceding calendar year equaled or exceeded $10,000. For returns due after July 1, 2011, taxes must be filed electronically if the taxpayer is required to file monthly. Taxpayers with extenuating circumstances that meet the states parameters can request an exception to the electronic filing requirements. (NM3.1.4.10, 3.1.4.18, New Mexico Taxation and Revenue Department, effective June 30, 2010).