This memo has been updated. Please click here to read the latest NJ Amnesty Information
—–> Memo – NJ Amnesty Letter – Did You Get One?
Do you, or your business, owe NJ back taxes of any kind? Income Tax? Sales Tax? Payroll Taxes? (Unemployment and Disability Taxes are NOT eligible.) Now is the time to make an appointment with me to create a strategy to take advantage of this great program.
Non-Filer? It may be time to come out of the shadows.
Do you have questions? Call me: 732-673-0510.
There is going to be a 60 day amnesty period between November 15, 2018 and January 15, 2019.
The periods eligible cover State tax liabilities for tax returns due on or after February 1, 2009 through September 1, 2017. Some restrictions apply. I will need to review your specific situation to let you know which of your liabilities would be eligible.
You can participate as long as you are not under criminal investigation. But, are you close to a criminal prosecution? Then this program may help avoid that.
It may also shut down on-going audits in certain situations.
What are the rules?
Pay 100% of your tax and one-half of the accrued interest by the deadline, and all penalties are waived. It DOES apply to amounts under audit or otherwise being reviewed by the Division of Taxation.
NJ does NOT have an intention of sharing any information with the IRS, but if the IRS were to inquire for some reason, your amnesty related information may be provided to them. This needs to be part of your considerations.
If you owe NJ back taxes, or are a Non-Filer, schedule a consultation with me asap so I can provide you direction and possibilities.
This program does NOT reduce your tax liabilities.
Please contact me so we can get started working on your account, and make sure you are first in line to take advantage of this Amnesty Program.
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Click here to request a consultation or ask me a question.
Please reach out to me without hesitation with any tax, business or
accounting question, and to schedule a consultation.
Tax Laws are complex.
It is very easy to make mistakes that can incur penalties.
Do you have a Tax, Accounting or Business Question?
Call Me Immediately. (732) 673-0510.
Is your CPA or Attorney
ignoring your Phone Calls and Emails?
Call Me Immediately. (732) 673-0510.
Remember,
“If We Aren’t Working For You, Then You Aren’t Working At Your Best”
Chris Whalen, CPA
(732) 673-0510
79 Oak Hill Road
Red Bank, NJ 07701
www.chriswhalencpa.com
Red Bank • Rumson • Colts Neck • Holmdel • Middletown • Lincroft • Brick • Toms River • Sea Bright • Deal • Little Silver • Long Branch • Asbury Park • Bradley Beach • Belmar • Brielle • Eatontown • Fair Haven • Farmingdale • Highlands • Atlantic Highlands • Howell • Locust • Monmouth Beach • Shrewsbury • Spring Lake • Tinton Falls • Monmouth County
#IncomeTax #irs #cpa #TaxReform #amnesty #taxrelief
