State begins tax amnesty in bid to raise money

(AP) - New Jersey is giving tax delinquents afresh start if they pay up by next month. The state government is in a budget crisis, so it's trying tobring in all the money it can. The latest is an offer

News 12 Staff

May 4, 2009, 4:26 PM

Updated 5,551 days ago

Share:

(AP) - New Jersey is giving tax delinquents afresh start if they pay up by next month.
The state government is in a budget crisis, so it's trying tobring in all the money it can.
The latest is an offer for most taxpayers who are behind intheir payments. The state will waive penalties and some interestfor returns due on or after Jan. 1, 2002, and before Feb. 1, 2009.
Those under criminal investigation for state tax matters are noteligible.
Gov. Jon Corzine says he hopes to raise at least $100 millionwith the amnesty.
That's not nearly enough alone to cover an expected budgetshortfall of up to $2 billion over the next 14 months.New Jersey Tax Amnesty Program


More from News 12
2:22
Prosecutor: Manchester murder investigation leads to discovery bags of body parts

Prosecutor: Manchester murder investigation leads to discovery bags of body parts

2:41
HEAT ALERT: Excessive heat warning extended through Wednesday as temps rise

HEAT ALERT: Excessive heat warning extended through Wednesday as temps rise

7:10
Trump picks Sen. JD Vance of Ohio, a once-fierce critic turned loyal ally, as his GOP running mate

Trump picks Sen. JD Vance of Ohio, a once-fierce critic turned loyal ally, as his GOP running mate

2:08
NJ American Water issues mandatory water restrictions for parts of Ocean, Monmouth counties

NJ American Water issues mandatory water restrictions for parts of Ocean, Monmouth counties

Authorities identify victims killed in weekend house fire in West Orange

Authorities identify victims killed in weekend house fire in West Orange

1:33
‘People need heat relief.’ Paterson opens cooling centers as temps rise around NJ

‘People need heat relief.’ Paterson opens cooling centers as temps rise around NJ

0:24
Spokesperson: Rep. Bill Pascrell checks into hospital for fever

Spokesperson: Rep. Bill Pascrell checks into hospital for fever

2:55
Jury finishes 2nd day of deliberations without a verdict at Sen. Bob Menendez's bribery trial

Jury finishes 2nd day of deliberations without a verdict at Sen. Bob Menendez's bribery trial

0:24
Jersey Proud: Jersey City police officers promoted during Monday ceremony

Jersey Proud: Jersey City police officers promoted during Monday ceremony

1:34
Vacant building fire in Plainfield causes roof collapse; investigation underway

Vacant building fire in Plainfield causes roof collapse; investigation underway

1:18
Going for gold: A look at some New Jersey athletes heading to the Paris Olympic Games

Going for gold: A look at some New Jersey athletes heading to the Paris Olympic Games

0:28
Mays Landing man pleads guilty to murdering his mother

Mays Landing man pleads guilty to murdering his mother

2:04
Route 15 temporary bridge in Jefferson opens earlier than expected

Route 15 temporary bridge in Jefferson opens earlier than expected

0:28
Woman jumps out of window in Franklin Township to avoid being struck by bullets

Woman jumps out of window in Franklin Township to avoid being struck by bullets

2:14
Don't be caught in the dark: Are you ready to power through hurricane season?

Don't be caught in the dark: Are you ready to power through hurricane season?

0:48
NJ Attorney General’s Office releases video of fatal South Brunswick motel standoff with NYC suspect

NJ Attorney General’s Office releases video of fatal South Brunswick motel standoff with NYC suspect

3:30
Trump heads to convention as authorities investigate motive, security in assassination attempt

Trump heads to convention as authorities investigate motive, security in assassination attempt

0:23
Newark official: 5 men stabbed in Ironbound neighborhood

Newark official: 5 men stabbed in Ironbound neighborhood

3:04
Made in New Jersey: For nearly 150 years, Serratelli Hat Company in Newark has served the hat industry

Made in New Jersey: For nearly 150 years, Serratelli Hat Company in Newark has served the hat industry

0:24
Fire officials: 2 people trapped inside car after hitting parked trucks at Cherry Hill rest stop

Fire officials: 2 people trapped inside car after hitting parked trucks at Cherry Hill rest stop