The New Jersey Division of Taxation is providing businesses and individuals with unpaid tax liabilities the chance to clear their accounts. Taxpayers can pay any outstanding tax bills that have been issued by the Division of Taxation with reduced or eliminated penalties, no collection cost and no recovery fees. The program is open to taxpayers with outstanding tax liabilities for the tax periods 2005 through 2013. From September 17 until November 17, 2014, taxpayers can visit the New Jersey Division of Taxation website, agree to enter into a closing agreement with the Division, and remit their payment. Per the agreement, both parties will stipulate that the matter is closed, and the taxpayer will waive his or her right to any further administrative review or judicial appeal. Payments can be made online or by mail. Once the offer expires on November 17, 2014, taxpayers who have not cleared their tax liabilities will remain on record as owing their full liability, including normal penalties, interest, collection costs and/or recovery fees. (Press Release, State of New Jersey Department of the Treasury, September 17, 2014)