Payroll Basics for First-Time Employers NJ | W-2, WR-30 & Deadlines

Payroll Basics NJ — What First-Time Employers Need to Know

Hiring your first employee? Understanding payroll basics NJ ensures you pay correctly, stay compliant, and avoid state penalties.

Step 1: Register for Payroll Accounts

Before paying anyone, register for:

• IRS EIN (Employer Identification Number)

• NJ Employer Registration Number for state withholding and unemployment

Our bookkeeping and payroll setup services can help with both.

Step 2: Understand W-2s, WR-30s & Due Dates

• W-2: Report wages and taxes withheld; due to employees by January 31.

• NJ WR-30: Filed quarterly with the NJ Department of Labor.

• Form 941/940: Federal payroll tax returns, filed quarterly/annually.

Step 3: Use Payroll Software

Tools like Gusto or QuickBooks Payroll can automate tax deposits and filings while integrating directly with your bookkeeping system.

CPA Tip:

Keep payroll separate from owner distributions — a common mistake for new NJ employers.

Start Payroll Right

Book a Free Consultation → with Gregory Monaco, CPA LLC for help setting up compliant payroll basics NJ — including filing, automation, and W-2 reporting.