NJ Tax Amnesty Program
Opportunity to Avoid Penalties &
Reduce Interest Assessments
New Jersey has announced that it will be implementing a tax amnesty program that will run from Mid-November 2018 through January 15, 2019. NJ has stated that not all details of the program are currently available and further announcements about the program will be made.
For taxpayers granted amnesty, NJ will abate all penalties, 50% of the accrued interest, and waive cost of collection and recovery fees.
While some restrictions apply, currently announced eligible tax periods cover NJ tax liabilities for tax returns [Read more…] about NJ Tax Amnesty Program