A Joint Statement was issues today by Governor Murphy, Senate President Sweeney, and Assembly Speaker Coughlin. It extends the timeframe to file and pay taxes in New Jersey due to the pandemic and is what taxpayers largely expected to happen to dovetail with federal delays already announced by President Trump.
“The ongoing COVID-19 pandemic has caused hardships, financial strain, and disruptions for many New Jerseyans and New Jersey businesses. As part of our response, we have reached agreement that the state income tax filing deadline and the corporation business tax filing deadline will be extended from April 15th to July 15th.
“Additionally, as part of the whole-of-government effort that is going into fighting COVID-19, we have agreed that the state fiscal year should be extended to September 30th . This will allow the Administration and the Legislature to focus fully on leading New Jersey out of this crisis, and to allow for a robust, comprehensive, and well-informed budget process later in the year.
“We are committed to working together to enact the necessary legislation and supplemental appropriations to accomplish these goals.”