Owe Back Taxes-Great News-New Jersey State Amnesty is in effect
Meira Findel
If you are behind in filing your tax returns now is the time to catch up!
NEW JERSEY DIVISION OF TAXATION LAUNCHES
LIMITED-TIME TAX AMNESTY PROGRAM
State Will Slash Interest in Half
Tax Amnesty is available to individuals and businesses that owe unpaid taxes to the Division of Taxation for tax returns due on or after January 1, 2002 and before February 1, 2009. After the Tax Amnesty period ends, an additional 5% penalty will be imposed on all outstanding tax amounts. In addition, all other penalties, interest and other costs authorized by law will be added back and the Division will aggressively pursue collection of the entire liability. Nearly everyone, except taxpayers under criminal investigation for a State tax matter, is eligible for the program.
The program will benefit delinquent taxpayers who, because of financial hardship or other factors, have not met their tax obligations. The revenue raised will also help the State maintain services and programs that benefit all New Jersey residents.
More information about the Tax Amnesty program is available at TaxAmnesty.nj.gov and by calling 800-781-8407.
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Let me know how I can help you!
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Meira Findel
The Holistic Accountant One Step Accounting
732-387-8919
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