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I received NJ Tax Amnesty notices for two of my own corporations this past Saturday. One corporation is current and the other has been out of business since the end of 2002.
I found the amnesty process very easy. I simply went to www.taxamnesty.nj.gov and entered the Amnesty ID number (rather lengthy) and PIN provided on the notice. The system provided a list of all outstanding returns, the same list that appeared on the notice. In both cases all listed returns had "0" for “Amnesty Tax Due” and the “Reason Selected” was “No payment required, zero return”. The system provided a “Final Application Confirmation”, showing all the returns submitted and giving a Confirmation Number, which I printed out using a “Printer Friendly” format.
The entire process took less than 5 minutes!
I have yet to hear from clients who have received the notice.
The Amnesty notice for the old corporation brings up an interesting point about the State’s inconsistent treatment of businesses that have not filed an Annual Report Form, which I will discuss in a future posting.
FYI, the notice for the old corporation included only delinquent “Gross Income Tax -Employer” returns, as did the one for the current corporation. There was no mention of outstanding CBT-100s or Annual Reports on the notice for the old corporation. It makes me wonder if the State is sending out notices by Tax Type, with Gross Income Tax being the first type, and that the same business entity may receive several notices for different types of taxes over the Amnesty period.
TAFN
I found the amnesty process very easy. I simply went to www.taxamnesty.nj.gov and entered the Amnesty ID number (rather lengthy) and PIN provided on the notice. The system provided a list of all outstanding returns, the same list that appeared on the notice. In both cases all listed returns had "0" for “Amnesty Tax Due” and the “Reason Selected” was “No payment required, zero return”. The system provided a “Final Application Confirmation”, showing all the returns submitted and giving a Confirmation Number, which I printed out using a “Printer Friendly” format.
The entire process took less than 5 minutes!
I have yet to hear from clients who have received the notice.
The Amnesty notice for the old corporation brings up an interesting point about the State’s inconsistent treatment of businesses that have not filed an Annual Report Form, which I will discuss in a future posting.
FYI, the notice for the old corporation included only delinquent “Gross Income Tax -Employer” returns, as did the one for the current corporation. There was no mention of outstanding CBT-100s or Annual Reports on the notice for the old corporation. It makes me wonder if the State is sending out notices by Tax Type, with Gross Income Tax being the first type, and that the same business entity may receive several notices for different types of taxes over the Amnesty period.
TAFN
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