Originally Answered: What is the difference between insurance and gambling? Insurance is a mechanism for transferring risk. By having another party take over the some of the risk of your performing tasks such as driving a car, owning property, doing your job, and hundreds of other examples, you can more freely do those things. The insurance company pays you the amount of the damage. This ﬁts the gambling scenario exactly. Buying insurance is a form of gambling. Insurance companies have worked long and hard and very successfully to convince us of the opposite. They say that if. The difference between a copayment and coinsurance is how the costs are split up. Copayment and coinsurance are both forms of cost sharing. When you need services, you and your health insurance provider each pay for a part of the cost of your care.

NJ Income Tax – Reporting and Remitting

New Jersey gross income tax withheld from employees' wages or from other payments must be remitted electronically to the State on a weekly, monthly/quarterly, or annual basis. Electronic payment can be made by e-check, credit card or electronic funds transfer (ACH debit or ACH credit). The related returns must also be filed electronically on a monthly, quarterly, or annual basis.
Shortly after an employer registers with the State of New Jersey for tax purposes, the Division of Taxation mails the registrant a confirmation letter that includes the employer's Federal Employer Identification Number (FEIN) as well as a Personal Identification Number (PIN) that the employer will need to file online.
Note: The use of paper returns for reporting and remitting New Jersey income tax withheld and other employer payments has been discontinued. Effective with returns and payments for the first quarter of 2009, all taxpayers must file their returns and submit the related payments electronically.
Reporting/Payment Frequency

Monthly/Quarterly Filers. All employers are required to file the Employer's Quarterly Report, Form NJ-927 or NJ-927-W, for each quarter, regardless of the amount of tax due. Forms NJ-927 and NJ-927-W must be filed on or before the 30th day of the month following the end of the quarter. Form NJ-927 and NJ-927-W are used to report New Jersey gross income tax withheld as well as contributions for unemployment insurance, healthcare subsidy, workforce development, disability insurance, and family leave insurance. Employers are also required to file Form WR-30, Employer Report of Wages Paid, electronically on or before the 30th day of the month following the end of the quarter. These forms can be filed on the Division of Revenue's Web site.
All employers are also required to file the annual reconciliation of gross income tax withheld, Form NJ-W-3

Annual Filers (Household Employers). An employer whose only employees are household workers may report and remit gross income tax withholding and other payments (contributions for unemployment insurance, healthcare subsidy, workforce development, disability insurance, and family leave insurance) on an annual basis. Form NJ-927-H, the “Domestic Employer’s Annual Report,” and Form WR-30, Employer Report of Wages Paid, must be filed electronically on or before the January 31 next following the close of the calendar year. These forms can be filed on the Division of Revenue’s Web site.
Annual filers are also required to file the year-end reconciliation of tax withheld (Form NJ-W-3).
Employers with both domestic employees and other employees may not use Form NJ-927-H. These employers must file Form NJ-927 (or Form NJ-927-W) each quarter.

Payment Classifications
Weekly Payer
Weekly payers are defined as employers with a prior year liability of $10,000 or more for employer income tax withholdings. Tax is due on or before the Wednesday of the week following the week containing the payday or paydays on which the taxes were withheld. For this purpose, a week is the seven-day period from Sunday through Saturday. Frequency of remittance for weekly payers is determined by the frequency of the paydays (weekly, biweekly, monthly, etc.).
Weekly payers are required to file a quarterly return, Form NJ-927-W, on or before the 30th day of the month following the close of the calendar quarter. Weekly payers do not file Form NJ-500, Monthly Remittance of Gross Income Tax Withheld.

Monthly/Quarterly Payers
Employers not classified as weekly payers must report and remit tax on a monthly or quarterly basis. Employers use the Form NJ-500 Monthly Remittance of Gross Income Tax Withheld to remit tax for either of the first two months of a quarter whenever the amount due for either month is $500 or more. Form NJ-500 is due on or before the 15th day of the month following the end of the reporting period. Tax due for the third month of the quarter is remitted with the quarterly return, Form NJ-927, on or before the 30th day of the month following the end of the quarter. When tax due for either of the first two months of the quarter is less than $500, that tax may be held and remitted with the quarterly return.

Annual Payers
Employers whose only employees are household workers may report and remit gross income tax withholding and other employer payments on an annual basis. Form NJ-927-H, the “Domestic Employer’s Annual Report,” is due on or before the January 31 next following the close of the calendar year.

For information on withholding New Jersey gross income tax:

Differences Between State And Federal

See the publication New Jersey Gross Income Tax Instruction Booklet for Employers, Payors of Pension and Annuity Income and Payors of Gambling Winnings (NJ-WT) or

Call the Division of Taxation at 609-984-1721.

For information on other employer payments (contributions for unemployment insurance, healthcare subsidy, workforce development, disability insurance, and family leave insurance:

Call the Division of Employer Accounts, Department of Labor and Workforce Development at 609-633-6400 or
Visit the Department of Labor and Workforce Development’s Web site.

For help accessing the employer’s online reporting and payment system:

Call the Division of Revenue at 609-292-9292 or
Visit the Division of Revenue’s Web site.

Published 12:29 PM EDT Aug 18, 2019

If you don't know the difference between travel insurance and trip protection, talk to Christopher Benson. He learned about that the hard way.

When Benson and his wife, Betty, planned a trip to Paris, Orbitz offered them a 'vacation waiver' option that looked a lot like travel insurance. But when the Bensons tried to invoke the waiver, it didn't work as they expected. Lufthansa would not refund their tickets from Chicago to Paris.

'I feel I've been duped,' says Benson. 'They offer a vacation waiver, which does not seem to work.'

Technically, the Orbitz vacation waiver isn't insurance. It's an add-on product that allows you to change or cancel your trip for any reason, with Orbitz waiving any cancellation fees and refunding any amounts refunded by the travel provider. It also offers a travel credit, good for a future trip.

Benson's confusion is common. Travelers who want to protect their trip may be considering insurance and tempted to buy a less expensive waiver or trip protection plan. But there are important differences worth knowing.

“Travelers do not understand the difference between travel protection versus travel insurance,' says John Lovell, Travel Leaders Group's president for leisure travel, supplier relations and networks. 'Many times these terms are used interchangeably from one provider to another.'

What you need to know about trip 'protection'

Benson's request took a tragic turn when his wife passed away, leaving him with vouchers he wouldn't use. I contacted Orbitz on his behalf, and the company negotiated a full refund with Lufthansa.

But Benson is hardly the only traveler surprised by protection. James O’Connor, an attorney with the Nickless, Phillips and O'Connor in Fitchburg, Massachusetts, has filed a lawsuit against river cruise company Vantage Travel for selling a travel p

State The Difference Between Insurance And Gambling