2023 Minimum Wage Increases

2023 Minimum Wage Increases

If you are a small business owner with staff in multiple states, you know that it can be a difficult task to stay up to date with numerous minimum wage rate changes. Nearly half of our country increased minimum wages for hourly workers after January 1, 2022 in order...
Labor Market Remains Resilient

Labor Market Remains Resilient

Although the Federal Reserve has attempted to slow the economy to get a handle on inflation, the unemployment rate actually declined in September. It was forecasted that the unemployment rate would be 3.7%, however, for the month of September, it was 3.5%.  The...
IRS Appeals Revises Initial Contact Letters

IRS Appeals Revises Initial Contact Letters

After receiving feedback from taxpayers and practitioners, the IRS Independent Office of Appeals has made updates to their initial contact letters. Previous contact letters that were received were difficult for taxpayers to understand. Therefore the IRS’ goal with...

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