New Jersey Tax News

Date: January 04, 2023

Right before the New Year, Governor Murphy signed an NFIB-supported pro-taxpayer bill into law. A-4295/S-2876 (Jaffer, Mosquera, Swain/Singleton) makes three tax administrative changes that were sought by the Division of Taxation. It removes taxpayer inequity caused by the COVID state of emergency, streamlines the S-corporation tax filing process, and adapts federal partnership audit changes.

Related Content: Small Business News | New Jersey

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