New Jersey Tax Amnesty

November 29, 2018

New Jersey has a tax amnesty program going on until January 15.  Under the program, a taxpayer who owes the state taxes must pay the entire amount of taxes owed plus one-half of the interest.  Penalties will be eliminated as will one-half of the interest due.  If you owe taxes to the state of New Jersey and do not take advantage of this program, a 5% penalty will be added to the amount owed once the program ends.  To get help with your federal or state taxes, please call Scott Novak in our Roseland office.

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