New Jersey Enacts Payroll Tax “Convenience of Employer” Rule
Withum
JULY 28, 2023
Enacted on July 21, 2023, New Jersey A4694 creates a “Convenience of Employer” rule, affecting both employers and employees for payroll tax reporting purposes. The grant applications must be filed on or before July 1, 2028. New Jersey has earmarked $35 million per fiscal year in grants which are limited to $500,000 per employer.
94 
Let's personalize your content