Gusto sends letter in support of a bill that would make the New Jersey Research and Development refundable, helping innovative SMBs
On December 16th, Gusto sent a letter to the New Jersey Senate Commerce Committee in support of S. 2707, which would expand the state research and development tax credit and make it refundable. Gusto applauds the New Jersey State Senate for their efforts to help innovative and early stage small and medium sized businesses. Gusto data show that expansion of the credit will bolster the financial position of the SMBs who qualify, giving them much needed resources during this time of economic uncertainty.
Read the full letter here: