New Jersey bumps up its “angel investment” tax credit. The state is increasing the amount of the “corporation business and gross income” tax credits available for qualified investments under the NJ Angel Investor Tax...

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The New Jersey State Treasurer has announced that the 26.9¢ per gallon petroleum products gross receipts tax rate will remain stable for the coming year. When combined with the motor fuels tax, the total...

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New Jersey is waiving its late filing penalty for certain corporations. The NJ Division of Taxation will automatically waive the penalty for corporate taxpayers with a “properly extended” federal return due date of Oct....

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The New Jersey State Treasurer has announced that the NJ gas tax rate will remain stable for the coming year. The 26.9¢ per gallon petroleum products gross receipts tax rate will remain unchanged. When...

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A new law affects the refund of New Jersey property taxes. In the case of a refund, the taxing district must now pay interest calculated at an annual rate of either 5% or 1%...

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A proposed change in New Jersey law, if approved by voters, would extend a property tax break to veterans. The proposed constitutional amendment would extend, to residential units in continuing care retirement communities, the...

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Attention out-of-state employers with New Jersey employees: You have the same filing requirements as in-state businesses regarding NJ’s health insurance mandate. You must file Form 1095 for each NJ resident you employ. Insurers, government...

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Fees increase for annual business report filings in New Jersey. The NJ State Treasurer reports that the filing fee for for-profit business entities increases from $50 to $75 for all annual reports due on...

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A Technical Bulletin, from the NJ Div. of Taxation, discusses how combined group members may share their tax credits with other taxable members of the combined group that are included on the same NJ...

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The NJ Tax Court has ruled that a resident taxpayer couldn’t claim a tax credit for taxes paid to Pennsylvania on the payment that had been taxed by PA in a prior year. The...

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