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State of NJ Division of Revenue S Corporation Status NJ Gov  Form

State of NJ Division of Revenue S Corporation Status NJ Gov Form

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as the murphy administration works on the proposed new state budget officials will consider the latest look at new jersey state revenues we now have the january report on revenue collections from the state treasury and the picture looks strong for the fiscal year overall total revenue collections are up more than four billion dollars or nearly 22 percent above the same seven months in the last fiscal year there was an increase in tax collections in all the major categories that's income tax sales tax and the corporate business tax the sales tax the largest revenue source increased by 187 million dollars a gain of just over 16 percent the january report reflects activity in december so those numbers are proof of a strong holiday shopping season the treasury says some moderation in sales tax growth is expected in future months income tax collections also rose but officials there expecting moderation as well and there was a big jump in corporate business tax collections running ab

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