Payroll Services

NJ payroll processing, tax filings, and compliance - handled.

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5.0 · 9 Google ReviewsNJ CPA Firm Lic. #20CB00789800

Quick Answer

NJ employers must file Form NJ-927 quarterly reporting gross wages, taxable wages, and contributions for Unemployment Insurance, Disability Insurance, Family Leave Insurance, and Workforce Development.
The 2025 NJ unemployment taxable wage base is $42,300 per employee — employer UI tax rates range from 0.5% to 5.8% depending on experience rating.
Federal Form 941 is due quarterly (April 30, July 31, October 31, January 31) — late filing penalties start at 5% of unpaid tax per month, up to 25%.
NJ requires new hire reporting within 20 days of the employee's start date — reports are filed with the NJ Department of the Treasury, not the IRS.
S-Corp owners who perform services must run payroll and receive W-2 wages — paying yourself only through distributions triggers IRS scrutiny and potential reclassification of distributions as wages subject to employment tax.

Payroll services cover employee payroll processing, NJ payroll tax filings (Forms 927, WR-30, NJ-W3), and year-end W-2 preparation. Monaco CPA handles NJ unemployment insurance, disability insurance, family leave insurance contributions, and federal payroll tax deposits starting at $100/month.

Payroll is one of those things that absolutely has to be done right - missed deadlines or incorrect filings can result in penalties. Monaco CPA handles your NJ payroll processing and compliance so you never have to worry about it.

From weekly or biweekly payroll runs to quarterly tax filings and year-end W-2s, I manage the entire process. That includes NJ-specific requirements like unemployment insurance, disability insurance, and family leave contributions.

What's Included

Weekly, biweekly, or monthly payroll processing

Direct deposit setup and management

Federal and NJ payroll tax calculations

Quarterly payroll tax filings (941, NJ-927)

Annual W-2 and 1099 preparation

NJ unemployment and disability insurance filings

New hire reporting

Payroll register and reports

Worker classification analysis (W-2 vs. 1099)

Integration with QuickBooks Online

How It Works

Payroll Setup

I set up your payroll system, employee profiles, tax registrations, and direct deposit.

Regular Processing

Each pay period, I process payroll, calculate taxes, and issue payments.

Quarterly & Annual Filings

I handle all quarterly tax filings and year-end reporting (W-2s, 1099s).

Ongoing Compliance

I monitor regulatory changes and ensure your payroll stays compliant.

Frequently Asked Questions

What NJ payroll taxes do I need to worry about?

NJ employers are responsible for unemployment insurance, disability insurance, family leave insurance, and workforce development. I handle all of these filings for you.

Should I pay myself as W-2 or 1099?

If you're an S-Corp, you must take reasonable W-2 compensation. For other structures, it depends. I'll help you determine the right approach for your situation.

“Greg took the time to listen to my concerns and answer my tax related questions and put my mind at ease. I would definitely recommend to others.”

Mike D.

These testimonials reflect individual client experiences and do not guarantee similar outcomes. Results vary based on each client's specific facts and circumstances. No client was compensated for providing a review. Tax savings and outcomes depend on individual tax situations and are not typical of all client experiences.

Ready to Get Started?

Start your tax return or send a message to discuss how I can help.