New Jersey Determination of Liability
If you acquire the organization, trade, or business, or substantially all the assets of an employing unit already subject to the law N.J.S.A. 43:21-(19)(h)(2), you immediately become a subject employer.
If you are subject to the provisions of the Federal Unemployment Tax Act, you automatically become subject under the law N.J.S.A. (19)(h)(11), unless the services performed by your employees are specifically excluded under the New Jersey law. An employing unit is generally subject to FUTA if it has covered employment during some portion of a day in 20 different calendar weeks within the calendar year or had a quarterly payroll of $1500 or more.