New Jersey Business Corporate Tax, New Jersey Personal Income Tax, New Jersey Sales Tax Rates
What is the New Jersey Corporate net income tax rate(s)?
All Corporate returns have a $500 minimum payment, AND starting for the 2009 Tax season, the New Jersey Division of Revenue is making you pay half of it for the next year at the same time.
LLC’s only have a $125 per member minimum payment, but if your LLC is taxes as an S corporation with the IRS, you’ll be forced to pay the $500 minimum tax.
What is the New Jersey personal net income tax rate(s)?
There are also a lot of local income taxes with a average rate of .09%
What is the average New Jersey sales tax rate(s)?
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your New Jersey taxes?
C corporations: Form CBT-100
Estimated tax payments?
Form NJ-1040ES for personal return. New Jersey follows the IRS standards for estimated payments. If you will owe $400 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won’t make as much in the current year.
New Jersey Department of Revenue:
If you use Northwest Registered Agent as your registered agent, you’ll have an online account to track your company in, receive notification reminders to file your annual reports on time, annual tax reminders, and new State information reminders. All for a low annual flat rate fee of $125 a year. We also help incorporate new New Jersey businesses for only $100.
Northwest Registered Agent, LLC.
Marlton, NJ 08053