NJ-927 Contribution Report

A. If you file the contribution report late, you will be charged $10.00 a day for each day of delinquency up to and including the fifth day, after which the charge is a penalty of $10.00 a day or 25 percent of the amount of contributions due for the period covered by the report, whichever is less. If you file a contribution report late on which no contributions are due, the maximum penalty is $50.00.

If you fail to pay the contribution when due, the law provides that the amount of the taxes due will carry interest at the rate of 1.25% for each month from the due date until the date payment is received.

WR-30 PENALTY

Employers who fail, without reasonable cause, to comply with reporting requirements will be liable for penalties based upon the number of employees (a) who were not reported, (b) who were not reported completely and accurately, (c) who were not reported by the due date, and/or (d) who were not reported on electronic media when required. Such penalties will be assessed as follows:

(1) for the first failure for one quarter in any eight consecutive quarters, $5.00 for each employee
(2) for the second failure for any quarter in any eight consecutive quarters, $10.00 for each employee
(3) for the third and any subsequent failure for one quarter in any eight consecutive quarters, $25.00 for each employee.