Income tax

April 4

Report: Revenue Growth Higher in States that Have Cut Major Tax Rates  

A recent analysis by the independent Tax Foundation finds that the 27 states which cut tax rates on ...

January 12

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 ...

December 20

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 ...

February 28

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 ...

December 17

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 ...

August 6

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 ...

February 19

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 ...