Taxation & Economic Development
Latest Taxation & Economic Development News
Tax Foundation: NJ Corporate Income Tax Highest in US
New Jersey levies the nation’s highest top statutory corporate tax rate at 11.5%, according to a new ...
Audit of NJEDA Incentives Finds Improved Oversight, But More Action Needed
An audit report released today by the Office of the State Comptroller (OSC) says the New Jersey Econ ...
Deferred Social Security Tax Payments Due Today for Employers, Self-Employed
The IRS reminded employers and self-employed individuals who chose to defer paying part of their 202 ...
IRS Increases Business Mileage Rates for 2022
The IRS recently issued the 2022 optional standard mileage rates used to calculate the deductible co ...
Treasury: NJ Tax Revenue Collections Up 13.5% in November
The Department of the Treasury reported this week that November revenue collections for the major ta ...
NJ Business Tax Climate Ranks Worst in Nation in 2022 Tax Foundation Study
For the seventh straight year, New Jersey ranks dead last in the Tax Foundation’s 2022 State Busines ...
NJBIA Supports Bills to Help Small Businesses with Costs of Pandemic
NJBIA supported several bills before the Senate Budget and Appropriations Committee on Thursday that ...
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