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New York Minimum Wage Increase for 2015
Effective next Wednesday, December 31, 2014, a New York minimum wage increase will occur, rising from $8.00 to $8.75 per hour. The minimum wage will further increase to $9.00 per hour on December 31, 2015. There is currently no planned increase in the minimum wage for...
Tax Relief for Businesses
Congress Provides 2014 Tax Relief for Businesses On December 16, 2014, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House passed on December 3. The act extends through December 31, 2014, certain tax relief provisions that expired at the...
2015 Standard Mileage Rate
The Internal Revenue Service has issued its 2015 standard mileage rate. Effective January 1st, 2015, the IRS standard rate will be 57.5 cents per mile driven for business purposes (an increase of one-and-a-half cents from the 2014 rate of 56 cents per mile). Use of...
