Annual audit to assure income tax compliance on reporting compensation.
18A:23-2.1 Annual audit to assure income tax compliance on reporting compensation.
9. The annual audit conducted pursuant to N.J.S.18A:23-1 shall include test measures to assure that documentation prepared for income tax related purposes complies fully with the requirements of federal and State laws and regulations regarding the compensation which is required to be reported.
L.2007, c.53, s.9.
This is the verbatim text of N.J.S.A. 18A:23-2.1, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.