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Federal
Minimum Wage Increase
The
federal minimum wage will increase to $6.55 per hour, effective July 24,
2008. This is the second of
three annual 70-cent increases:
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$5.85
per hour on July 24, 2007
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$6.55
per hour on July 24, 2008
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$7.25
per hour on July 24, 2009
Print
FREE updated Minimum Wage labor posters online, or come into our office
for a copy:
Federal:
www.dol.gov/esa/regs/compliance/posters/pdf/minwagebwp.pdf
Indiana
: www.in.gov/dwd/files/MinimumWagePoster.pdf
Ohio
: www.com.state.oh.us/laws/pub/MinimumWagePoster2008.pdf
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Economic Stimulus Payments
IRS
-- As millions of Americans begin receiving their economic stimulus
payments, the Internal Revenue Service released a list of the
most-frequently-asked questions –– and answers –– that people
now are asking.
The most common question has been when people can expect their
payments. Economic stimulus payments will be issued according to
the last two-digits of the taxpayer’s Social Security number. For
joint filers the payments will go out based on the last two digits of
the Social Security number of the person listed first on the return. Payments
will be made by either direct deposit or paper check, based generally on
the option people chose when they filed their 2007 tax returns.
Most Frequently Asked Questions:
http://www.irs.gov/newsroom/article/0,,id=182735,00.html
Stimulus Payment Schedule for Tax Returns Processed by April 15:
http://www.irs.gov/irs/article/0,,id=180250,00.html
Economic Stimulus
Payment Calculator: http://www.irs.gov/app/espc/
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