New Mexico Compliance and Regulatory Resources

One of the top struggles for New Mexico business owners is staying compliant with business regulations. Paychex helps to simplify things for New Mexico businesses by providing compliance resources so you can more easily stay up to date. Dive into requirements your business may need to comply with, including minimum wage, offering workplace retirement programs, and more.

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State Tax Rates and Limits

State Supplemental Withholding Rate*

1.7% to 5.9% (For specific rate please reference the state withholding tables)

2024 NM Withholding Tables

State Unemployment Taxable Wage Base Limit

$31,700

State Unemployment Rate Range for Employers

0.33% to 6.4%

State Unemployment New Employer Rate

1.00% to 1.25%

State Hourly Minimum Wage

$12

State Minimum Wage for Tipped Employees

$3

NM wage and hour information

State Tax ID Registration

Withholding and Workers' Compensation Registration

  • Registration instructions for New Mexico state withholding and workers’ compensation.
    • Once the registration is complete, you’ll receive a confirmation page providing you with your account number with the format of XX–XXXXXX-XXX (11 digits).
    • Email your registration confirmation to your Paychex Service Professional.

State Unemployment Insurance (SUI) Registration

  • Registration instructions for New Mexico SUI.
    • Once the registration is complete, you’ll receive a Employer Account Number (EAN) and access to the Unemployment Insurance (UI) Tax System with a format of XXXXXXXX (8 digits).
    • Email your registration confirmation to your Paychex Service Professional.

Entering your account numbers in Paychex Flex: Enter your new account number in your Paychex Flex® account to ensure that your Paychex account is updated and email your registration confirmation document to your Paychex Service Professional.

State-Facilitated Retirement Programs

Work & Save / NM Retirement Plan Marketplace
Visit our retirement hub

Workplace Safety

OSHA

New Mexico operates an OSHA-approved state plan that covers most private-sector workers and all state and local government workers within the state. Federal OSHA covers most workers not covered under the state plan.

Workers' Compensation

  • Coverage is mandatory for employers with three (3) or more employees
  • Construction must carry coverage
  • Farms are no longer exempt
  • Officers/LLC members go toward employee count even if excluded
  • Construction requires coverage at employee No. 1

Compliance Insights

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If you are looking to outsource Paychex can help you manage HR, payroll, benefits, and more from our industry leading all-in-one solution.

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Payroll and Taxes

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Human Resources

Hire, onboard, manage, and develop productive employees.
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Time and Attendance

Track employee time and maximize payroll accuracy.
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401(k) and Retirement

Help employees save for retirement and reduce taxable income.
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Employee Benefits

Offer health, dental, vision and more to recruit & retain employees.
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Business Insurance

Comprehensive coverage for your business, property, and employees.