Min Wage Hike Silver Lining: Tax Breaks
Editor’s note: This article highlights new federal legislation offering tax breaks to small businesses. We recommend you seek guidance from tax experts or legal counsel to determine how these changes could apply in your specific situation.
Just as the Memorial Day holiday was about to begin, as lawmakers prepared to flee Washington DC for vacation, agreement was reached to continue funding the war in Iraq. That funding bill also raised the minimum wage. Not a big deal, many textile service company owners would say, since half the states already require minimum wages in excess of the federal ...
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