Saturday, December 25, 2010

Thursday, December 23, 2010

2010 NJ-1040

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Click here and here for information on the 2010 Form NJ-1040.

FYI – the 2010 NJ income tax forms are now available to view and download at the NJ Division of Taxation website. See above posts for links.

TAFN

Monday, December 20, 2010

NJ-NATP NEWSLETTER

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The Winter 2010 issue of NJ TAXING TIMES, the newsletter of the NJ chapter of NATP, is now available to download.

The issue contains information and a registration form for the January 8, 2011 annual FAMOUS STATE TAX SEMINAR.

FYI, you can now advertise in NJ TAXING TIMES.

Click here to download a copy.

TAFN

Monday, December 13, 2010

2011 NJ DEPARTMENT OF LABOR EMPLOYEE CONTRIBUTIONS

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The 2011 wage base for employee contributions for NJ state unemployment, disability and family leave is $29,600 - $100 less than 2010!

The withholding rates for unemployment and disability remain at .00425 and .005, but for the period January 1 – June 30, 2011 the family leave rate is cut in half – from .0012 to .0006.

Therefore, the 2011 maximum withholding will be –

Unemployment = $125.80

Disability = $148.00

Family Leave = $17.76

TAFN

Wednesday, December 8, 2010

CCH TAX BRIEFING ON BO/CONGRESS COMPROMISE

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Hey, the fat lady has not sung yet. There is nothing for BO to sign, so I will not be wasting posts on what may be.

However, if you are interested CCH has published its Tax Briefing on the “Obama And GOP Compromise On Two-Year Extension Of Most Tax Cuts”.

Click here to download.

TAFN

Friday, December 3, 2010

2010 NJ-1040 DUE DATE EXTENDED TO APRIL 18, 2011

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The New Jersey Division of Taxation has properly decided to tie in the 2011 initial due date for filing the 2010 NJ-1040, and paying any tax due, with the extended federal deadline.

According to the NJDOT website (highlight is mine) -

“In 2011, April 15 falls on a Friday, and Washington, D.C. will observe that day as a legal holiday, Emancipation Day. April 16 and 17, 2011, fall on a Saturday and Sunday respectively. Because of the Emancipation Day holiday and following weekend, it is anticipated that the Internal Revenue Service will extend the due date for Federal income tax returns from April 15, 2011, to April 18, 2011, and announce that 2010 Federal income tax returns are due on or before April 18, 2011.

The Division has determined that the due date for filing of all 2010 New Jersey tax returns and payments that are normally due on April 15, 2011, will correspond with the Federal income tax due date of April 18, 2011. Any New Jersey tax form, instruction or publication that currently shows an “April 15, 2011” due date should now be read as “April 18, 2011.” This extension applies to deadlines for filing a return, making a payment or deposit, requesting an extension or filing a refund claim.”

TAFN