Tax Tip of the Week | No. 288 | Minimum Wage Increase

General
Written By

Tax Tip of the Week | Feb 4, 2015 | No. 288 | Minimum Wage IncreaseAnother new law that starts 1/1/15

Ohio’s minimum wage increased to $8.10 ($4.05 for tipped workers) effective 1/1/15.The federal minimum wage of $7.25 can be used for businesses whose annual gross receipts are less than $297,000.There is a stalled bill in Congress to raise the federal minimum wage to $10.10.We’ll keep you posted.
You can contact us in Dayton at 937-436-3133 and in Xenia at 937-372-3504.  Or visit our website.
Rick Prewitt - the guy behind TTW...until next week.
Previous

Tax Tip of the Week | No. 289 | How Are You Going To File Your Taxes?

Next

Tax Tip of the Week | No. 287 | Municipal Tax Reform for Ohio