Running payroll in NJ involves more than federal withholding and FICA.
NJ Payroll Taxes
Income tax withholding, unemployment insurance, disability insurance, family leave insurance, workforce development contributions, and transit benefits for 20+ employee businesses.
Key Filing Requirements
Form NJ-927 (quarterly), Form WR-30 (quarterly wage detail), Form NJ-W-4 (NJ uses its own, not the federal W-4), and annual W-2s.
New Hire Reporting
Report within 20 days to the NJ New Hire Reporting Center. Applies to all employees.
Common Compliance Issues
Misclassifying employees as contractors (NJ’s ABC test is strict), using federal W-4 instead of NJ-W-4, and miscalculating NJ-specific contributions.
Disclaimer: The information provided is for general educational purposes only and does not constitute tax, legal, or investment advice. This content is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. Tax outcomes depend on your specific facts and circumstances. Viewing this material does not create a CPA-client relationship. Personalized advice is provided only through a signed engagement letter.
Get Tax Tips from Greg
No spam, unsubscribe anytime.