eBulletin
eBulletin is a complimentary service to our clients and friends to provide individual and business tax information throughout the year via short emails. If you would like to receive our eBulletin, simply email Michelle Noonan at michellen@bb-cpa.com and insert "eBulletin" in the subject line. You will be added to the list. We do not share our lists.
eBulletin 2008-6
June 17, 2008
Federal Minimum Wage Increase
Just a reminder that the Federal minimum wage will increase to $6.55 per hour beginning July 24, 2008. The Federal minimum wage is currently $5.85.
The minimum wage will increase again to $7.25 per hour on July 24, 2009.
Go to http://www.dol.gov/esa/minwage/america.htm for information about applicable state minimum wage laws.
Disclaimers: This written advice is not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer. This eBulletin contains general information and cannot substitute for individual consultation. You should obtain professional advice before making financial business or tax decisions.
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