New Jersey Extends Tax Deadline to July 15
April 1, 2020
This morning, Governor Murphy, Senate President Sweeney and Assembly Speaker Coughlin issued a joint statement announcing the New Jersey’s tax filing deadline is extended from April 15 to July 15 and the state fiscal year will be extended to September 30.
This outcome comes after two weeks of tireless efforts by NJCPA staff, members and our friends in the Governor’s office and legislature. NJCPA members, your voices were heard.
Good news has been in short supply the last few weeks. We hope that this announcement will provide CPAs and taxpayers with some much needed relief.
We know questions still remain regarding quarterly payments and other issues. We will work to get additional guidance to share with members.
Here is the official statement issued this morning by Governor Phil Murphy, Senate President Sweeney and Assembly Speaker Coughlin:
“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.”