State Simplifies Employer Payroll Tax Reporting
January 27, 2022 | njbia.org
The Department of the Treasury has launched a new, simplified way for New Jersey employers to complete annual payroll tax filings.
The new service provides employers with an automated option for filing their year-end informational returns, such as forms W-3, W-2, 1099, and 1095. Now, employers who already use software programs to prepare returns for the Internal Revenue Service can upload the same electronic returns directly to the State. They will no longer need to manually enter information into a separate document, saving employers time and effort and improving accuracy in the filing process.
NJ SEED: Easing burdens on employers saving them time and effort while improving accuracy in reporting to the state is a good development.