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Some companies give up EDA tax breaks as workers stay home

Grow NJ incentives require workers in offices for a certain amount of time

08/04/2022

NJ Spotlight News

Some companies give up EDA tax breaks as workers stay home

Clip: 8/4/2022 | 4m 2sVideo has Closed Captions

Grow NJ incentives require workers in offices for a certain amount of time

COVID-19 infection numbers remain high in New Jersey, something that’s not helping the case for employers who would like their workers to return to the office. And it could cost companies millions in tax breaks that hinge on employees showing up in person. So far, eight companies are choosing to forgo a total of $73.5 million in tax credits so their employees can keep working from home.

08/04/2022

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NJ Spotlight News is a local public television program presented by THIRTEEN PBS

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