We already know that New Jersey is infamous for the High Cost of Living, but how does the Garden State rank for entrepreneurs who want to start a new business?
Tax credits would be available for taxable years 2023 and 2024 to offset any spike in unemployment insurance contributions during Fiscal '23 and '24, for businesses that have not used any other grants or subsidies to make up that cost.
The grants, in amounts up to $5,000, will be reimbursements for August rent or mortgage payments. It's a first step in advance of expected federal help.