If you are an employer in Newark, New Jersey, it is important to be aware of the local payroll tax requirements for businesses operating in the city. These requirements may include registering your business with the city and withholding a certain percentage of your employees' wages for local taxes.
How to Register for Payroll Tax in Newark
Newark, New Jersey Local Payroll Tax Setup for
Corporation, Professional Corporation, LLP, LLC
Employers must register with the Newark Department of Finance to pay a 1% tax on payroll related to services performed in the city or services performed outside of the city that are supervised from the City of Newark. Note: The wages of Newark residents are exempt from this tax. An employer with a workforce where more than 50% of the employees are residents of the City of Newark does not have to pay the local payroll tax on more than 50% of wages earned in Newark. Employers with a quarterly gross payroll of less than $2,500 are exempt from the tax. Nonprofits that are organized and operating exclusively for religious, educational, charitable, or hospital purposes, and government entities are exempt from the Newark Payroll Tax. However, nonprofits are subject to the tax on payroll expenses attributable to unrelated business taxable income received from Newark sources.
Fill out the Registration Form
Register your business with the Department of Finance.
Submit Your Registration
Mail your completed registration form to the Department of Finance.
The mark of a successful business is their ability to grow. If you want to expand your continued success into other markets across the United States, there may be situations where you’re required to register as a foreign corporation.
Each state has its own rules and regulations regarding when a business should register as a foreign corporation. Here’s what you should know about expanding your business into Texas.
What Does It Mean To Be a Foreign Corporation?
Colorado’s Promoting Opportunities and Workers’ Rights (POWR) Act introduces significant changes to the state’s anti-discrimination laws, impacting how employers manage workplace fairness and employee rights. POWR takes progressive steps to promote workplace equality.
Here’s what HR professionals need to know about implementing the POWR Act and how Mosey can help with business compliance.
What Is Colorado’s POWR Act? The POWR Act expands federal protections against discrimination and harassment in the workplace.
The decision to terminate an employee isn’t something that most HR managers take lightly. An employee termination letter can make the process straightforward and informative for everyone involved. A letter gives the opportunity to explain legal and ethical reasons for ending your working relationship with an employee.
Here’s what HR managers should consider when drafting a termination letter and how Mosey can help you stay compliant with your state’s employee termination requirements.
Kaitlin Edwards |Aug 13, 2024
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