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This edition of New Jersey State Tax News includes information about the NJ SAVER rebate applications, key deadlines for filing, and updates on various tax-related topics such as sales and use tax,
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How to fill out New Jersey State Tax News

01
Visit the official New Jersey Division of Taxation website.
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Locate the 'New Jersey State Tax News' section.
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Select the relevant news article or update you wish to read.
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Read through the information provided carefully.
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Follow any instructions or guidelines mentioned in the news piece.
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If necessary, complete any forms or applications linked to the news update.

Who needs New Jersey State Tax News?

01
New Jersey residents who are filing state taxes.
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Tax professionals and accountants handling New Jersey tax matters.
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Businesses operating within New Jersey that require tax compliance information.
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Anyone interested in updates regarding changes in state tax laws and regulations.
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Other controversial items in Murphy's budget proposal include raising a tax on sports betting and online gaming to 25%. The tax is currently 13% for sports betting and 15% for online gaming. The state expects to collect $402.4 million in taxes from the move.
Who is eligible to receive a tax rebate? Married couples in New Jersey with income below $150,000 and at least one dependent child qualify for a rebate check.
Factors Affecting Delivery Times Processing StageEstimated Timeframe Application Submission Immediate Initial Review 1-3 weeks Final Processing 2-8 weeks Check Delivery 1-2 weeks after processing Feb 18, 2025
New Jersey residents may still be able to receive a stimulus check up to $1,400 from the Internal Revenue Service. Back in December, the IRS announced they'll be issuing automatic payments to eligible individuals who did not claim the Recovery Rebate Credit on their 2021 tax returns.
Who is eligible: Homeowners and tenants who paid property taxes on their principal residence in New Jersey either directly or through rent during the year.
This bill allows New Jersey seniors, 65 years of age and older, whose annual household income, for federal tax purposes, is under $50,000 to also qualify for an annual deferral of property tax payments.
About the Stay NJ Property Tax Credit Program Governor Phil Murphy signed P.L.2024, c. 88 into law on November 1, 2024.

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New Jersey State Tax News is a publication that provides updates and information regarding tax laws, regulations, and policies affecting individuals and businesses in New Jersey.
Taxpayers who are subject to New Jersey state taxes, including residents, businesses, and entities that generate income within the state, are required to file the relevant forms and reports referred to as New Jersey State Tax News.
To fill out New Jersey State Tax News, taxpayers should follow the specific guidelines provided in the publication, ensuring they include accurate financial information, complete required forms, and adhere to submission deadlines.
The purpose of New Jersey State Tax News is to inform taxpayers about changes in tax laws, deadlines, compliance requirements, and other important tax-related information that may affect their obligations in the state.
Information that must be reported includes income details, deductions, credits, filing status, and any other relevant financial data as outlined in the specific tax forms associated with New Jersey State Tax News.
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