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Leap in Unemployment Taxes will be Final Knockout Punch for Small Businesses

store closing

the Biggest Tax Increase of All?

the staff of the Ridgewood blog

Trenton NJ,  The state budget approved by the legislature today includes borrowing $4.5 billion and increased taxes on corporations, millionaires, and Health Maintenance Organizations. What’s not in the limelight today is the expected increase in unemployment taxes that will fall on every business next year to pay for the massive number of New Jersians who have filed for unemployment benefits.

Continue reading Leap in Unemployment Taxes will be Final Knockout Punch for Small Businesses