New Jersey Tax Amnesty- Act Now for Relief

Dec 5, 2019 | Tax

New Jersey has just announced a tax amnesty for taxpayers with liabilities for the tax years 2008-2016. The Division of Taxation has proactively contacted some taxpayers with liabilities already assessed and/or unfiled tax returns. This amnesty does not extend to liabilities with the Department of Labor or fees imposed by any other state agency.

Almost all taxpayers qualify for relief except those under criminal investigation or with debts in appeal in bankruptcy. The amnesty applies to returns due between February 1, 2009 and September 1, 2017 or for the calendar years 2008-2016.

For more information or assistance contact us. The amnesty period runs from now until January 15, 2019.

Photo by Sunyu on Unsplash

Subscribe to our Accounting, Tax and Business Insights Newsletter

Email Address:
Name(Required)
Privacy(Required)
This field is for validation purposes and should be left unchanged.
Cannabis Industry Updates

Cannabis Industry Updates

The cannabis industry has come a long way in the last several years. Even though there are tax implications at the federal level as cannabis is still considered a controlled substance., there are now 38 states that have legalized cannabis/marijuana for medical and/or...

read more
New Jersey Property Tax Relief

New Jersey Property Tax Relief

In September of 2023, we reported on the existing and pending legislation offering property tax relief to New Jersey homeowners and tenants . A Stay NJ Task Force was appointed to develop recommendations for “establishing and funding uniform property tax relief to all...

read more