New Jersey – I sell on eBay. How do I report sales tax collections?

Q. I have a small business and sell exclusively on eBay, which now collects sales tax from the buyers on items sold in a number of states, including New Jersey. In the past, I always reported my total sales, deducted Continue reading New Jersey – I sell on eBay. How do I report sales tax collections?

New Jersey- Crippling Effects of COVID-19: NJ Faces $10B Revenue Shortfall

The Department of the Treasury delivered a budget update to the Legislature Friday, providing a detailed revenue report that illustrates the devastating impact COVID-19 has had on New Jersey’s finances and laying out plans to close the looming gap for Continue reading New Jersey- Crippling Effects of COVID-19: NJ Faces $10B Revenue Shortfall

New Jersey- Sales tax filing hits snag, with business owners uncertain over COVID-19 APRIL 22, 2020

The state’s online tax filing portal was overwhelmed on Monday, amid a rush of business owners trying to file their sales tax returns before the end of the April 20 deadline – after many were left uncertain on whether the Continue reading New Jersey- Sales tax filing hits snag, with business owners uncertain over COVID-19 APRIL 22, 2020

New Jersey – New Jersey Collects $282M through Tax Amnesty Program

TRENTON, NJ – Yesterday was Tax Day, and the numbers are in. The impact of the three-month Tax Amnesty Program proposed by Assemblyman Robert Karabinchak, Assembly Speaker Craig Coughlin (both D-Middlesex) and Wayne DeAngelo (D-Mercer, Middlesex) last April to help replenish state Continue reading New Jersey – New Jersey Collects $282M through Tax Amnesty Program

New Jersey – State’s Largest City Plans To Test Universal Basic Income Program

New Jersey’s largest city plans to test whether universal basic income is feasible, making it the latest government to flirt with a program that would guarantee income for residents whether or not they have a job. Newark Mayor Ras Baraka announced his decision last Continue reading New Jersey – State’s Largest City Plans To Test Universal Basic Income Program

New Jersey – State Lawmakers Near Vote On Recreational Cannabis

Lawmakers are poised to vote on making New Jersey the 11th state to legalize recreational marijuana Lawmakers are poised to vote on making New Jersey the 11th state to legalize recreational marijuana. The Democrat-led Assembly and Senate have scheduled votes for Continue reading New Jersey – State Lawmakers Near Vote On Recreational Cannabis

New Jersey – NJ Legal Weed Vote Canceled: Social Media Reacts

After so much hype, New Jersey’s vote on a marijuana legalization bill has gone up in smoke … so to speak.  The future of legal weed remains unclear with legislative efforts likely on hold until after an election in November when all 80 seats Continue reading New Jersey – NJ Legal Weed Vote Canceled: Social Media Reacts

New Jersey – Tax Amnesty Program will begin on November 15, 2018 and end on January 15, 2019

Notice New Jersey Tax Amnesty Program (P.L. 2018, c. 46) The New Jersey Tax Amnesty Program will begin on November 15, 2018 and end on January 15, 2019. Tax amnesty is only available for State tax liabilities for tax returns due Continue reading New Jersey – Tax Amnesty Program will begin on November 15, 2018 and end on January 15, 2019

Multi-State – Four More States Begin Online Sales Tax Enforcement Nov. 1

Four more states entered the remote-sales-tax-collection ring on Nov. 1. New Jersey, North Carolina, South Carolina, and South Dakota—the state behind the U.S. Supreme Court’s groundbreaking June 21 South Dakota v. Wayfair ruling—have begun enforcing requirements that remote sellers collect and remit Continue reading Multi-State – Four More States Begin Online Sales Tax Enforcement Nov. 1

New Jersey – State of Wayfair: New Jersey Prepares To Reap Revenue Harvest

New Jersey is hoping to harvest up to $350 million in new sales tax revenue annually from online vendors and marketplace facilitators under a new law signed by Gov. Phil Murphy (D) Oct. 4. Responding to revenue opportunities under the Continue reading New Jersey – State of Wayfair: New Jersey Prepares To Reap Revenue Harvest