New Jersey Extends Corporate Tax Filing for 2020

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dirty toilet with money close up, lot of cash useless taxes

TRENTON, NJ – Companies under pressure to make money and pay the bills will now have some breathing room when it comes to filing their annual tax returns.  Today, Governor Phil Murphy has announced the filing deadline has been moved from October 15th to November 16th, giving corporations an extra month to straighten out their returns.

“This morning, I signed an Executive Order that extended the due date for filing the 2019 corporate business tax annual return from October 15th to November 16th. At the start of the COVID pandemic, many filers applied for and received an extension until October 15th to file their federal tax returns,” Murphy said. “Allowing this extra month to file the so-called CBT, or corporate business tax return, which requires federal tax information is thus a reasonable step.”

 

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