Deadline Nears for State Tax Credit

  • Tax Credit Deadline

JULY 11, 2016.

That’s your last chance to apply for tax credits through the Business Employment Incentive Program (BEIP). The 20-year-old program once offered grants to companies that created jobs in New Jersey, but it was closed in 2013.

Earlier this year, Governor Christie signed a law offering businesses which qualified for BEIP to convert their outstanding grants into credits they can use to lower their tax liabilities and insurance premiums.

See the NJ Economic Development Authority site for details: http://www.njeda.com/pdfs/BEIPConversionFAQs.aspx

 

2016-05-16T21:46:04+00:00May 16th, 2016|Editorial, Helpful Tips, In The News, News|