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Businesses get extensions on tax deadlines as a result of hurricane

By November 02. 2012 11:06AM

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Aerial shot of shore damage from Hurricane Sandy. (Tim Larsen/Office of the Governor) - (Photo By )
Businesses with locations, operations or tax records in New Jersey disrupted by Hurricane Sandy can qualify for extended tax filing and payment deadlines from the New Jersey Division of Taxation.


Tax filings and payments that had been due at the end of last month were extended to Nov. 7 by the Gov. Chris Christie administration, and include the Employer’s Quarterly Report, or Form NJ-927; the Domestic Security Fee Quarterly Return, or Form DSF-100; and the Transporter of Motor Fuels Report, or Form TMF-10. The U.S. Internal Revenue Service extended federal business tax deadlines to Nov. 7, as well.

Businesses that were unable to meet the usual Oct. 30 and Oct. 31 deadlines as a result of the hurricane will receive a tax abatement on interest and penalties that would have otherwise accrued after the original due dates.

Under state law, penalties for business tax delinquencies recur every month or fraction of a month that a payment is late and include a $100 late filing fee, interest and 5 percent of up to 25 percent of the total tax due, according to the Division of Taxation’s website.

Business owners who were affected by the hurricane yet received billing notices from the state related to tax delinquencies can call the Division of Taxation at (609) 292-6400 to explain their circumstances and obtain tax relief.


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