Jersey City & Hoboken Bookkeeping for Startups and Small Businesses
# Jersey City & Hoboken Bookkeeping for Startups and Small Businesses
Jersey City and Hoboken now host more NYC commuters running side businesses than ever — and a thriving native ecosystem of fintech startups, restaurants in Newport, Downtown JC, the Heights, and along Washington Street in Hoboken.
We handle the cross-river tax problem so you don''t pay NY when you don''t have to.
## NJ-specific taxes you should know
| Tax | What | Rate / form |
|---|---|---|
| NJ Corporation Business Tax (CBT) | C-corps, some LLCs | 6.5%–9% — **CBT-100** |
| NJ Pass-Through Business Alternative Income Tax (BAIT) | Elective for partnerships, S-corps | 5.675%–10.9% — workaround for $10K SALT cap, **PTE-100** |
| NJ Gross Income Tax | Individuals, sole props | up to 10.75% — **NJ-1040** |
| NJ Sales & Use Tax | Retail, prepared food, many services | 6.625% — **ST-50** quarterly |
| NJ Payroll | Employer withholding, UI, disability, FLI | **NJ-927** quarterly, **WR-30** wage reports |
| Hudson County / city payroll | Jersey City employer payroll tax 1% | applies to employers paying $2.5M+ wages |
The **NJ BAIT election** is a major opportunity for partnerships and S-corps — it lets the entity deduct the state tax federally, saving 30–37% on the SALT amount. We file the election and the **PTE-100** every year.
## Multi-state NY / NJ allocation
If you live in Hoboken and consult for a Manhattan client, you owe **both** NY (where the work is performed/sourced) and NJ (where you reside). We file:
- **NY IT-203** (nonresident NY return)
- **NJ-1040** with **Schedule NJ-COJ** for credit on taxes paid to NY
Done correctly, you don''t double-pay. Done wrong, you either over-pay NJ or get a CP2000 from NY.
## Who we serve
### Jersey City — Newport, Downtown, Journal Square, the Heights
- Fintech and SaaS startups (Mercury/Brex/Ramp reconciliation, R&D credit).
- Restaurants, breweries (Hudson County food and beverage scene).
- Solo consultants and remote employees with side LLCs.
### Hoboken — Washington Street, Uptown
- Restaurants and bars, retail.
- Financial-services consultants, attorneys, marketing agencies.
- Healthcare practices.
## What we deliver
- Monthly QuickBooks / Xero reconciliation.
- **NJ ST-50 sales tax** filings.
- **NJ-927 / WR-30** payroll filings.
- **CBT-100 / PTE-100** corporate and pass-through filings.
- **NY/NJ multi-state allocation** for owners and employees.
- **NJ BAIT election** management.
- Year-end 1099-NEC and W-2.
## Pricing
Solo Hoboken/JC consultant: **$235/month**. Restaurant or 5–25 employee company: **$595–$1,800/month**.
[Get a free Jersey City / Hoboken bookkeeping consultation →](/contact)