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New Jersey Taxing Information

Important Note Regarding Covid-19 Tax Relief in New Jersey

We are in a time of economic uncertainty. Many of us will be affected. Many businesses will be harmed. Many bills will go unpaid for a while. We all must prioritize health. Stressing about taxes is something we hope to help you minimize.

Even if you don’t know the scale and scope of your tax problem, we can help advise you on strategies to come out of the Coronavirus crisis in your best position tax-wise. Even though the IRS is allowing for delayed filings and payments, they are not forgiving taxes. We can help you strategize how and when to prioritize your taxes, your business, and/or personal expenses.

The Division of Taxation is charged with collecting taxes due to the state. The DOT offers a range of resources and options to help taxpayers with tax issues. However, if a taxpayer does not pursue assistance and maintains a tax liability or related matter, they may become subject to enforced collection actions.

Appeals

If the DOT issues an assessment that you disagree with, you may appeal or otherwise protest it in a timely matter. Depending on the form of appeal you wish to make, the party to which you submit it will vary, as will the level of formality and thus the requirements.

Collection Fees

Any costs associated with the process of collecting on an unpaid tax bill may be added to your total liability.

Priority One: Stopping Aggressive Enforced Collections

Payment Plans

If you cannot pay your tax bill in full, you may be able to arrange a payment plan with the state. Such requests are considered on a case-to-case basis. If authorized, interest may continue to accrue on whatever portion of the bill remains unpaid.

It is important to comply with any terms and conditions set forth by the DOT, lest you incur a further penalty or an enforced collection process. If you are facing financial hardship or otherwise doubt your ability to follow an accepted payment plan, the DOT may accept an adjustment of terms.

Power of Attorney

You may opt to have a qualified individual stand in for you before the DOT by completing and submitting the appropriate documentation.

Responsible Persons

Anyone deemed a responsible person within a corporation may be held liable for the corporation’s taxes. Generally, a responsible person is deemed as such by their handling of taxes due to the state on behalf of the organization.

Set-Off/Offset Programs

New Jersey participates in a number of set-off/offset programs, which involve the diversion of refunds and other payments from the government in order to resolve state or federal liabilities. Individuals and businesses can both be subject to one of these programs.

Call us today for a free evaluation

Don’t be a victim to the collection powers of the IRS and New Jersey’s collection division. We are experts in securing permanent financial protection from the government. Call us at 888-589-0955 for a free consultation. In a few minutes, we will help you to assess your options.