New Jersey new budeget legislation provides for a new amnesty program for 2009-2017 tax liabilities:
Period to participate: The Division of Taxation will announce a ninety-day period for taxpayers to participate in the amnesty. The period to enter the amnesty program will end on or before January 15, 2019.
Term: For taxes due on and after February 1, 2009, but prior to September 1, 2017
Interest relief: 50%.
Penalty relief: No late payment penalty, late filing penalty, cost of collection, delinquency penalty, or recovery fee
US citizen and resident individuals must have health care coverage (Form 1095), have a health coverage exemption, or make a shared responsibility paym...
Health Care Coverage
May 13, 2016
On December 17th at the George Washington University Law conference on international taxation, the Commissioner of the IRS John Koskinen said, “At s...