Tax & Accounting Blog

What You Need to Know About President Obama’s 2017 Budget Proposal

What You Need to Know About President Obama’s 2017 Budget Proposal

It’s time for President Obama’s 2017 budget proposal. This is his last budget proposal and, while not much is new, there are several items that directly affect payroll and payroll departments. The concern is that some items will pass, if they get proposed enough times. Here are the items that will keep payroll professionals up … Read More

Minimum Wage Changes for 2016

Minimum Wage Changes for 2016

Several states and localities have announced minimum wage changes for 2016. Fifteen states, plus the District of Columbia, index their minimum wages to rise automatically with the cost of living. Ten states currently index minimum wage increases each year: Arizona, Colorado, Florida, Missouri, Montana, Nevada, New Jersey, Ohio, Oregon and Washington (no change for 2016). … Read More