Mazzucco & Company CPAs

Reminder

Effective July 1, 2019 NJ Minimum Wage increases for most employers to $10 per hour. Please see the attached detail of the increases enacted by Gov. Murphy. Click here for details  

Please note that if you are a Small Business (fewer than 6 employees), a seasonal or agricultural employer, or employee tipped workers please note the different amounts.

Also please see the attached information provided by the NJBIA for some further information.  Please click here for details.  

As always, please give us a call if you have questions.

**Important Changes to NJ Annual Report Filing Fees for Small Business Owners!
Click here for full details

Please be advised that a new State law effective July 1, 2019, changes the filing fees for Annual Reports and Reinstatements. The new fees are as follows:

Annual Reports for Corporations, LLCs, LLPs, LPs, and Non-Profits For-profit business entities – Annual Report filing fee changes from $50 to $75 for all Annual Reports due on or after July 1, 2019. Non-profit business entities – Annual Report filing fee changes from $25 to $30 for all Annual Reports due on or after July 1, 2019. Important Note: Business entities that paid Annual Report fees prior to 7/1/19 that were not due until 7/31/19, 8/31/19 or 9/30/19, are not required to pay the increased fee amount.

Reinstatements For-profit corporations and LLCs – The reinstatement assessment of $200 is eliminated

Mazzucco and Company UPDATE:

We want to congratulate Ryan Brady and Vince Gentile for accepting new positions at one of our top clients. We wish them continued success and look forward to working with them in future business endeavors. Best of luck!