NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
According to New Jersey Department of the Treasury, March revenue collections this year from major taxes totaled $2.821 billion, up $933.5 million, or 49.4%, over last March. Fiscal year-to-date, total revenue collections of $24.314 billion are up $1.916 billion, or 8.6% above the same nine-month period last year. “FY22 revenues are expected to grow by […]
A bill that would start the process of creating K-12 regional and countywide school districts, leading to improved quality of education and much-needed cost savings for state taxpayers, was supported by NJBIA on Monday. NJBIA Vice President of Government Affairs Christopher Emigholz said bill S-3488, is a good pathway to sustained savings for New Jersey. […]
NJBIA Vice President of Government Affairs Christopher Emigholz today told the Senate Budget and Appropriations Committee of the need for appropriate investments to help boost New Jersey’s economy and structural reforms as part of Gov. Phil Murphy’s $44.8 billion FY22 budget. While lauding no new tax increases and a full pension payment as part of […]
NJBIA and the New Jersey Business Coalition are asking Gov. Phil Murphy to extend the state’s April 15 tax filing deadline if the federal government postpones the deadline for filing federal returns due to COVID-19 related hardships affecting taxpayers and recent tax law changes. Last year, the IRS extended the federal income tax filing due date for the 2019 tax year from […]
The IRS is reminding taxpayers they may be able to claim a deduction on their 2020 tax return for contributions to their Individual Retirement Arrangement made by April 15, 2021. There is no longer a maximum age for making IRA contributions. Contributions to traditional IRAs, which enable employees and the self-employed to save for retirement, […]
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New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
Tel: 609-393-7707
