For companies filing year-end informational returns such as W-3s, W-2s, 1099s and 1095s, the process just got easier.
On Tuesday, the New Jersey Department of the Treasury announced the launch of a new, simplified way for New Jersey employers to complete annual payroll tax filings with the state.
Treasury’s divisions of Taxation and Revenue and Enterprise Services collaborated to create the new service, which provides employers with an automated option.
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 of New Jersey. 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.
“We are delighted to add this service to our growing portfolio of fast, convenient and efficient online applications. Treasury continues to prioritize improving and streamlining our interactions with the business community,” state Treasurer Elizabeth Maher Muoio said.
In addition to the modernized paperwork service launched this month, the Department of the Treasury provides several other services geared toward simplifying doing business with the state. These services include:
- BIZMobile: Mobile solutions to help business owners stay up-to-date with deadlines for critical public filings and taxes, as well as monitor any changes made to records on file with the state’s commercial registry.
- Online Business Formation and Registration: For new — or new to New Jersey — businesses seeking to conduct business in the Garden State, all required formation and registration documents can be filed online.
- Web-based Annual Reporting: Staying in compliance is even easier with web-based and mobile annual reporting capabilities.
- Business Certification Program: One streamlined application and fewer required renewals to certify as a small, minority-, woman-, veteran- or disabled veteran-owned business entity with the state. Certifying is now free — no matter how many categories a business qualifies to be certified for, the usual $100 fee is waived.