Income tax
Latest Income tax News

Tax Foundation: NJ, Other High-Tax States Leaders of Outmigration
While some have not put much stock in recent U-Haul and United Van Lines studies showing a strong ou ...

Interest Rate on Unpaid State Tax Balances to Rise to 10%
Effective Jan. 1, the interest rate for taxpayers with unpaid state tax balances in the 2023 tax yea ...

Senate Panel Advances Property Tax Relief, Affordability Bills Backed by NJBIA
NJBIA provided testimony on Monday in support of several bills advanced by the Senate Budget & A ...

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 ...

15 States Have Marriage Penalty Taxes – and NJ’s One of Them
The nonpartisan Tax Foundation recently took a deep dive into state tax brackets nationwide and foun ...
Tax Foundation: NJ Maintains 2nd Highest State Individual Income Tax Rate
This week, the Tax Foundation compiled the state’s individual income tax rates and brackets for 2021 ...

NJBIA Criticizes Decision to Raise Income Taxes as Policymakers Confirm It Wasn’t Needed to Fill Budget Gap
NJBIA President & CEO Michele Siekerka, Esq. NJBIA President and CEO Michele Siekerka issued the ...
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