New Jersey A3616 provides tax credits for small business employers and farm employers for increases in mandatory employer contributions.

New Jersey A3616 offers corporation business tax and gross income tax credits to small business employers and farm employers for increases in mandatory employer contributions. A small business employer is defined as a taxpayer employing fewer than 25 employees in the state, with annual net receipts under $1 million. Farm employers are those who engage individuals on a piece-rate or regular hourly rate basis to labor on a farm.

New Jersey A3616 provides tax credits for small business employers and farm employers for increases in mandatory employer contributions.

New Jersey A3616 offers corporation business tax and gross income tax credits to small business employers and farm employers for increases in mandatory employer contributions. A small business employer is defined as a taxpayer employing fewer than 25 employees in the state, with annual net receipts under $1 million. Farm employers are those who engage individuals on a piece-rate or regular hourly rate basis to labor on a farm.