Gusto sends letter in support of a bill that would make the New Jersey Research and Development refundable, helping innovative SMBs

Steve Abbott

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:

Steve Abbott is the Head of Public Policy and Government Affairs for Gusto. In his role, he leads a cross functional team that designs and executes a public policy strategy that advocates for a robust ecosystem for small business formation and growth, and promotes employee financial health and wellness. Prior to Gusto, Steve spent 10 years at the Pew Charitable Trusts leading government relations for projects focused on promoting family economic stability. Steve also has experience working for Congress and was a consultant to Fortune 500 companies and non-profit organizations advising them on public policy. Steve holds a Bachelor’s Degree in Economics from Denison University and an MBA from the University of Maryland.
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