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One Stop Shopping/Business Gateway for New
Jersey Businesses
The "One Stop Shopping" initiative
was created in 1999 to simplify reporting requirements for New Jersey
businesses. Forms have been consolidated, payment methods expanded,
and services enhanced for registering businesses. The following
are some of the highlights of this initiative:
- The Division of Revenue in the Department
of the Treasury is now the single point of entry for registration
and for filing and paying gross income tax withheld and other
payroll taxes previously sent to the Department of Labor (unemployment,
disability, workforce development and health care contributions).
- Employers now need to file only one form
with the Division of Revenue to register with the Division of
Taxation and the Division of Employer Accounts (formerly UI/DI
Financing) in the Department of Labor.
- The Division of Employer Accounts and the
Division of Taxation now use the same Employer Identification
Number. This means that New Jersey businesses need only one number
when corresponding with either agency.
- The Department of Labor no longer requires
a separate NJ Registration number for unemployment and disability
insurance purposes. The Federal Employer Identification Number
is now the basic identifier.
- A consolidated form, "Employer's Quarterly
Report," (NJ-927) replaces the forms previously used to report
income tax withheld for the Division of Taxation and the report
of employer contributions for the Division of Employer Accounts.
Employers now submit one report and one check to satisfy their
reporting requirements with both agencies.
- The Division of Employer Accounts’ "Employer
Report of Wages Paid" (WR-30) will remain a separate form
and the data to be reported will remain the same. The form itself
is being redesigned in order to make the most efficient use of
the Division of Revenue’s scanning and imaging equipment.
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