NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The Division recently announced that it will automatically waive the late filing penalty for corporation business taxpayers with a properly extended federal return due date of October 15, 2019, as long as the return is filed by November 15, 2019 for extended calendar year corporations. This is being done as the extended filing date for […]
The Division recently issued a clarification regarding TB-92, after part of the Technical Bulletin led to misinterpretation of the Division’s intent. While they plan on issuing a revised Technical Bulletin soon, the Division offered clarity on a few points. The points of clarification issued by the Division can be found below: “First, while FDII has […]
The NJ Division of Taxation recently released Technical Bulletin 91 (TB-91), which provides information on the treatment of banking corporations and combined groups. For a copy of TB-91, please click here. Based on the release of this Technical Bulletin, we are soliciting feedback on the impact that the guidance may have on NJBIA members. To […]
NJBIA submitted written comments and testified before the Bureau of Securities this week regarding a proposal establishing the common law fiduciary duty, applying it to broker-dealers and agents, and codifying it for investment advisers and investment adviser representatives. NJBIA expressed concerns that the proposal would limit the choice in both products and services for consumers, […]
This week the New Jersey Economic Development Authority (EDA) Board launched the Opportunity Zone Challenge Program aimed at supporting community efforts to attract investments in Opportunity Zones. These grants will be awarded through the program to fund municipal and county-level financial and technical planning around Opportunity Zone economic development. The EDA also announced it will […]
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New Jersey Business & Industry Association
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