Minimum wage increases in July
by TedThe federal minimum wage will be $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. In cases where an employee is subject to [...]
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California Taxpayers Should Review Their Withholding to Avoid Tax Bills
by TedReleased: June 11, 2009
A new tax law raises California’s personal income tax rates by .25 percent. The law also reduces the dependent exemption credit to the same amount of the personal exemption credit—a $210 difference per dependent using 2008 amounts. Some taxpayers may need to increase their wage withholding [...]
Restaurant industry outlook improves
by Tedhttp://www.bizjournals.com/albany/stories/2009/06/01/daily59.html
The outlook for the restaurant industry grew more optimistic in recent months, as the National Restaurant Association’s comprehensive index of restaurant activity registered its fourth consecutive monthly gain in April.
The Association’s Restaurant Performance Index (RPI) — a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry — stood at [...]