Legal Question in Tax Law in New Jersey

new jersey tax laws

what is the satue of limitations on owed income tax to the state?


Asked on 3/27/12, 12:29 pm

2 Answers from Attorneys

Ronald Cappuccio Ronald J. Cappuccio, J.D., LL.M.(Tax)

Generally, the statute of limitations is 4 years for assessment (audit). Once the tax is assessed, if the NJ DOT files a Certificate of Debt, it is a 20 year judgment. The State now continues to renew the judgments.

I hope this helps!

Ron Cappuccio

www.TaxEsq.com

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Answered on 3/27/12, 12:54 pm
Walter LeVine Walter D. LeVine, Esq.

If you owe taxes and never filed a return, there is no S/L as no S/L can run if there has never been an initial assessment.

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Answered on 3/27/12, 2:02 pm


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