Once sales tax is collected, businesses must report it accurately to the New Jersey Division of Taxation. Filing frequency—monthly, quarterly, or annually—depends on the volume of sales.
Late filing or incorrect reporting can lead to penalties and interest charges. Leveraging tax software and maintaining detailed records ensures businesses meet deadlines and avoid compliance issues.
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@2024 KintsugiAI, Inc. All rights reserved.Business Address:
2261 Market St, Suite 5931 San Francisco, CA 94114
@2024 KintsugiAI, Inc. All rights reserved.