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Tax Tip of the Week | No. 288 | Minimum Wage Increase February 4, 2015

Posted by bradstreetblogger in : General , trackback

Tax Tip of the Week | Feb 4, 2015 | No. 288 | Minimum Wage Increase

Another 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.

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